Skip to content


Asia Pacific

  • Africa

  • Egypt
  • Africa
  • (Algeria, Tunisia, Libya, Morocco, Nigeria, Kenya, Tanzania, South Africa)

Filter Options
Text :
Search Criteria :
Territory/Country :
Product Group/Product :
News Type :
My Favorites:

US retail sales jump in July

by ChemOrbis Editorial Team -
  • 16/08/2017 (12:45)
According to the preliminary data from the US Commerce Department, overall retail sales in the US were up on a yearly and monthly basis.

The data showed that the country’s retail sales witnessed an increase by 0.6% on a monthly basis from a revised fall of 0.3% in June. This has been the largest gain since last December, which also exceeded the economists’ expectation of a 0.3% rise.

The July increase was also speculated as a sign of a strong start for the growth outlook in the third quarter.

The monthly rise was mainly attributed to the rise of $1.2% in automotive sales.

On a yearly basis, the retail sales increased by 4.2% in July due to the increases in non-store sales by 1.3% coupled with in building materials and motor vehicles by 1.2%.
Free Trial
Member Login