By Marcus Leach
Figures released by the US Commerce Department on Wednesday showed that retail figures failed to increase in August, adding further fuel to the argument of economic slowdown in the States.
The zero growth rate was worse than expected, and the rate for July was also revised down by the US Commerce Department, from 0.5% to 0.3%.
However, August's retail figures were up on the same time last year.
“Retail sales have increased 7.2 percent over August sales last year, reflecting healthy annual growth,” Acting U.S. Commerce Secretary Rebecca Blank said.
“We have an opportunity now to help restore the American people’s confidence in Washington and the economy.
"If we work together to swiftly pass President Obama’s American Jobs Act, we can put people back to work now and put more money in the pockets of American families.”
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