Consumers are still buying things in the United States, a new report from the Census Bureau said Friday.
Spending at U.S. retailers rose 0.5% in July, the report , Advance Monthly Sales for Retail and Food Services, said.
That’s down from June’s upwardly revised 0.9% gain and in line with economists’ expectations. Retail sales are adjusted for seasonal swings, but not inflation.
The trade war waged by President Donald Trump saw consumer sentiment dip in the spring, but Americans are still spending, which is about 70% of economic output.
Car dealership sales climbed 1.6%, and furniture stores’ sales were boosted 1.4%.
Online sales jumped 0.8% in July, coinciding with Amazon ’s Prime Day sale. Gas stations and department stores also saw a rise in spending.
“Prior month retail