Sales at U.S. retailers rose more than forecast last month in a broad advance that shows consumers delivered for the economy in the second quarter.
The 0.6 percent increase in June retail receipts exceeded most
analysts' highest estimates and followed a 0.2 percent gain the previous
month that was smaller than previously estimated, Commerce Department
figures showed Friday. So-called core sales, used to calculate gross
domestic product, rose a larger-than-projected 0.5 percent for a second
month.. . . more