Economic Report: U.S. retail sales post biggest gain in six months. Amazon Prime Day delivers.


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The numbers: Sales at U.S. retailers rose 0.7% in July and posted the biggest increase in six months, helped by strong Internet purchases on Amazon Prime Day.

Sales had been forecast to rise 0.4%, based on a Wall Street Journal poll of economists.

Retail sales represent about one-third of all consumer spending and usually offer clues on the…

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Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

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