Retail Comeback, Or Just A Few Bright Spots?

Good news for retail came out of the Census Bureau yesterday, as July turned out to be not just better than expected but also the month with the biggest rebound in retail sales all year, rising 0.6% for the month and 4.2% since July 2016. What’s more, revised data for May and June show a brighter picture than preliminary estimates had indicated. But should the commercial real estate industry feel cheered by the news? Well, yes and no. Read more at Forbes.