Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

Retail sales rose 0.6% last month from July, when sales were up a revised 0.6%, according to the Commerce Department’s report. The performance, announced Tuesday, was also likely helped by the continued efforts by Americans to keep pushing up purchases ahead of expected price increases. Moreover, h...

Redirecting to full article...