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US retail sales up 0.2 percent in June



Published: Wed, July 16, 2014 @ 12:00 a.m.

Associated Press

WASHINGTON

U.S. retail sales increased slightly in June, evidence that consumers remain cautious despite steady job gains this year.

Retail sales rose just 0.2 percent last month, the Commerce Department said Tuesday, held back by a sharp drop at building and garden supply stores. Sales also fell at restaurants and at auto dealers.

The figures suggest that Americans are still reluctant to spend freely, limiting growth in the April-June quarter. Though employers have stepped up hiring since January, wage growth remains weak.


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