Monthly Archives: August 2012

July Retail Sales Offer a Refreshing Upside Surprise to Consensus Expectations

August 17, 2012 Retail sales gained ground in July, stemming a three-month stretch of consecutive declines. Higher gasoline prices modestly contributed to the sales increase, but deep discounting to spur back-to-school shopping likely provided the impetus for much of the improvement. In addition, several retail categories that underperformed in June staged notable gains in July, […]