U.S. Retail is in progress
The U.S. retail sector sales produced the highest increase of the past three and a half years in August. The total retail sales increased by 2.7 percent instead of the expected 2 percent.
The car sales and auto parts sales increased by 10.6% last month, which is the highest positive move since October 2001. However, almost all sectors were strenghtened. The datas suggest the country's economy begins to emerge from the biggest crisis of the past seven decades.
Not counting the vehicle sales, the sales increased by 1.1 percent, after the 0.5 percent decrease of July – reports tozsdeforum.hu.
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