BBC: Car sales were up 9.5% from August 2013, and spending in healthcare stores went up 8.1% from last year.
BBC: Car sales were up 9.5% from August 2013, and spending in healthcare stores went up 8.1% from last year.
Retail sales account for 70% of the US economy and analysts said the figures pointed to stronger overall economic growth.
“With further jobs gains, rises in income growth and a loosening in credit conditions in the pipeline, consumption growth should strengthen in the fourth quarter and in to next year too, ” said Paul Dales, US economist at Capital Economics.
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