- Retail sales, a measure of purchases at stores, restaurants and online, rose by 0.7% in August over the month.
- Consensus among economists was a 0.8% decline.
- Excluding autos, retail sales rose by 1.8% over the month.
- July’s retail sales were revised from a 1.1% decline to a 1.8% decline.
- The Right Facts will continue to monitor retail sales.