Retail sales in the United States increased for the second month in a row in August, posting a 0.4% gain, slightly higher than the 0.3% increase that economists had predicted. Back-to-school sales and tax-free promotions in more than a dozen states drove the increase. However, the Commerce Department revised July sales downward to 0.3% from 0.4%, though it was still the first gain in sales in three months at the time.
U.S. business inventories posted a July gain of 1.0%, compared with a predicted 0.8% increase. It was the largest jump in two years. T he Commerce Department also revised June inventories upward to 0.5% from 0.3%. July business sales also rose by 0.7%, the largest increase since March.
looks very strong, right? we know month before :)
Are we in the right direct this time, again. we can not believe it.
so boring :P
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