PURCHASE, N.Y. — U.S. retail sales excluding automotive and gas rose 9.0% year-over-year in July, according to Mastercard SpendingPulse, which said rising prices—particularly for necessities such as food and fuel—were a contributing factor. Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, reflects nominal spending and is not adjusted for
WASHINGTON — Retail sales were up 0.9% in July seasonally adjusted from June and up 5.6% unadjusted year-over-year, the National Retail Federation said Thursday. The numbers exclude sales by automobile dealers, gasoline stations and restaurants. “July’s strong results are consistent with a confident consumer,” NRF chief economist Jack Kleinhenz said in a statement on Thursday.
WASHINGTON — U.S. retail sales in July held steady at a seasonally adjusted $457.7 billion, the Commerce Department said. The July sales figures represented a 2.3% increase from a year earlier. The department also revised June retail sales upward by 0.2% to a gain of 0.8% to reflect stronger spending at the nation’s retailers and