Retail Sales Up in June

According to the U.S. Commerce Department, total retail sales in June rose 0.6 percent, compared with May's gain of 0.5 percent. Sales excluding autos and auto parts also rose 0.3 percent, compared to a 0.5 percent increase in May.

The department reports that auto sales rose 2.3 percent in June, while gasoline station sales increased 5 percent and electronics sales rose 0.9 percent. Other sectors showing growth included sporting and music stores, with sales increasing 0.9 percent in both.

Most other retail categories, however, reported sales declines, including the clothing sector where sales were flat. Department stores continue to struggle as sales decreased 1.3 percent in June.