In this July 19, 2012 photo, a shopper in New York passes a sign for discounted clothing. U.S. retail sales rose in July by the largest amount in five months, buoyed by more spending on autos, furniture and clothing. Retail sales rose 0.8 percent in July from June, the Commerce Department reported Tuesday, Aug. 14, 2012. The increased followed three months of declines, including a 0.7 percent drop in sales in June.
Photo by Associated Press /Chattanooga Times Free Press .
published Tuesday, August 14th, 2012
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WASHINGTON — Americans boosted their spending at retail businesses in July by the largest amount in five months, a surge that could help lift the economy out from its slump.