US retail sales up again in June

US retail sales rose in June for the second consecutive month, increasing 0.6%, the Commerce Department said.

The increase followed May's 0.5% gain, and was better than analyst expectations of a 0.4% rise.

It comes as data continues to paint a contrasting picture as to whether the US recession is easing.

While a recent survey said consumer confidence also rose last month, US unemployment increased more than analysts had expected in June.

Read Full Article from BBC News

- Posted: 2009-07-14 09:12:47

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