|Retail sales up minimally in June|
|Written by Christine D. Johnson|
|Thursday, 17 July 2014 10:04 AM EDT|
The Commerce Department announced its monthly sales numbers Tuesday, signaling a slow start for the summer months.
Advance estimates of U.S. retail and food services sales for June were $439.9 billion, an increase of 0.2% from the previous month and 4.3% above June 2013.
Retail and food services sales, excluding automobiles, in June were $351.9 billion, an increase of 0.4% from the prior month and 3.7% higher than one year earlier.
For 2014 overall, total sales were up 3.6% from 2013. Excluding autos, retail sales increased 2.6% in 2014.
While the rise was lower than expected, it marks the fifth-consecutive month for increases since the start of the year.