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The Piney Point

Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July

Retail sales rise a better-than-expected 1.2% in August after shoppers pulled back spending in July
Photo: KPRC 2 / Click2Houston (NBC) · view original

Consumers may be griping about higher prices at the pump and elsewhere, but they keep spending, helping to power the economy, according to the latest government snapshot. Retail sales rebounded at a better-than-expected 1.2% increase last month after recording a revised 0.5% dip in July, accordin...

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