Hardware Retailing The Industry's Source for Insights and Information
U.S. retail and food sales in July increased from June, and building material and garden supply dealers saw sales increase by 0.7 percent in that time, according to estimates from the U.S. Census Bureau.
Overall retail trade sales were up 0.6 percent from June 2015 and up 2.4 percent year over year, according to the report. Sales at building materials and garden equipment stores advanced 2.8 percent from July 2014.
“The July retail sales report should help allay any remaining concerns as to the state, and psyche, of U.S. consumers,” says economist Richard Moody in an article from The Wall Street Journal. “U.S. consumers are just fine.”
For a more in-depth look at the data provided by the U.S. Census Bureau, click here.
