In August, retail sales edged up by 0.1% from July, according to U.S. Census Bureau data released on Tuesday, defying expectations for a 0.3% M/M dip. This modest increase follows a revised 1.1% rise in July (up from an initially reported 1.

U.S. retail sales unexpectedly rose in August, suggesting that the economy remained on a solid footing through much of the third quarter. Retail sales increased 0.1% last month after an upwardly revised 1.

Retail sales ticked up 0.1% in August as consumers pulled back on spending, the Commerce Department said on Tuesday. Why it matters: That consumers kept spending, albeit at a slower rate than earlier in the summer,

Spending rose at a faster clip than expected in August as American consumers once again proved their hardiness against softening economic conditions. Retail sales increased 0.1% in August from July, according to data released Tuesday by the Census Bureau.

Analysis of August retail sales figures, including core retail sales and retail sales excluding autos and gas, compared to consensus and prior data.