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Chicago Sun-Times
Chicago Sun-Times
National
Anne D'Innocenzio | AP

Consumers no longer ‘penny-pinching’ as retail sales rose solidly last month

An artist paints a mug as shoppers browse ceramics at Lillstreet Art Center in Ravenswood. (Pat Nabong/Sun-Times)

NEW YORK — Americans increased their purchases at retailers last month – for clothing, dining out, online goods and other areas – in a sign that solid consumer spending is still powering a resilient U.S. economy.

Retail sales rose a better-than-expected 0.7% in July from June, according to the Commerce Department’s report Tuesday. The gain followed a revised 0.3% gain the previous month, the government said.

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