Market Overview

Retail Sales Come In Lackluster For July

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The U.S. Census Bureau came out Wednesday with advanced estimates of U.S. retail and food services sales for July.

After adjusting for seasonal variation and holiday and trading-day differences, but not for price changes, sales totaled $439.8 billion, virtually unchanged from June and 3.7 percent above July 2013.

Shares of the SPDR S&P Retail ETF (NYSE: XRT) weakened on the news, trading down nearly one percent.

Posted-In: News Retail Sales Econ #s

 

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