Back-to-school shopping didn’t boost retail sales all that much for August.
According to the National Retail Federation, August sales increased 0.2 percent when seasonally adjusted from July and increased 3.8 percent unadjusted year-over-year.
An NRF news release said consumers continue to face economic uncertainty in the shaky recovery.
Year-over-year, U.S. Department of Commerce numbers also showed that clothing sales increased 7.8 percent, electronics 2.1 percent, general merchandise 0.7 percent and hobby and sporting goods sales 6.6 percent.
— Heidi Hagemeier, The Bulletin
