Arizona retail sales increased by 8.6% in July compared to July 2010. According to the article, Arizona consumers showed no signs of any economic distress affecting their spending. “Sales of motor vehicles jumped 18 percent, sales of clothing and accessories rose almost 14 percent and sales of building materials and home, lawn and garden products were up 9.6 percent.” With very little positive news on the economy, it’s refreshing to know our state is remaining somewhat resilient to the adverse news broadcasted daily. “In all, Arizona consumers spent $3.55 billion on goods and services in July 2011 compared with $3.27 billion in July 2010.”
For further information, follow the link to read the complete article from AZCentral.com: http://www.azcentral.com/business/articles/2011/09/26/20110926retail-sales-july-ariz-jumped-86-over-year-earlier.html
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