U.S. retail sales climb 1.2% in July and return to precrisis levels, but growth slowing
August 14, 2020 at 08:56 AM EDT
Sales at U.S. retailers rose modestly in July and returned to precrisis levels, but growth has tapered off since the economy reopened and could be even softer in the months ahead in the absence of another major federal-relief package. Retail sales rose 1.2% last month