BLOOMBERG: U.S. Retail Sales Showed Broad-Based Gain in June

  

U.S. retail purchases in June showed a broad-based gain, increasing 0.2 percent after a 0.5 percent advance in May that was larger than previously reported, Commerce Department figures reported today in Washington. Bloomberg's Michael McKee and Stephen Sadove, chairman of the National Retail Federation, discuss the data with Betty Liu on Bloomberg Television's "In the Loop."