Retail Sales Come In Lackluster For July
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.
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