Retail Sales Rise 0.5% in July

 Updated:
8/12/2011 12:00:00 PM

Retail sales climbed 0.5% in July, the largest gain in four months, the Commerce Department said Friday.

The increase followed a revised 0.3% gain in June that was larger than originally reported.

The July increase matched economists’ forecasts, Bloomberg reported.

Automobile sales rose 0.4% and nine of 13 major retail categories showed increases, Commerce said.

Almost all trucking operations depend on the health of retail sales because such sales involve nearly every type of cargo.




© 2011, Transport Topics Publishing Group. All rights reserved.

RELATED ARTICLES

Oil Finishes Week Over $85 a Barrel (8/12/2011 3:00:00 PM)
Retail Sales Rise 0.5% in July (8/12/2011 12:00:00 PM)
ISM Services Index Slips but Shows Continued Expansion (8/3/2011 10:10:00 AM)
Component Shortages Grow; OEMs Report Supply Problems (8/1/2011 7:45:00 AM)
Three Truck Makers’ Profits, Revenue Soar (8/1/2011 6:00:00 AM)
Rush Enterprises’ Income, Sales Jump on Higher Truck Sales (7/27/2011 10:30:00 AM)
 
LATEST NEWS

Click Here!

JOIN OUR NEWSLETTER
I agree to have my personal information transfered to MailChimp ( more information )
Join over 3.000 visitors who are receiving our newsletter and learn how to optimize your blog for search engines, find free traffic, and monetize your website.
We hate spam. Your email address will not be sold or shared with anyone else.