All tagged Census Bureau

Retail sales were flat in August compared with July according to the Census Bureau even though many individual retailers had previously reported decent back-to-school sales numbers. Core retail sales, which exclude autos and gas, rose 0.1 percent. Hurricane Irene may have played a role, boosting sales at grocery and home improvement stores, which rose 0.3 and 0.2 percent, respectively, while depressing sales elsewhere. Year-over-year, total sales were up 7.2 percent while core sales increased 5.4 percent - healthy gains though a deceleration from July's performance.