U.S. retail sales made a solid rebound in July, following a decline in June and after struggling for most of the year. Although price pressures continue, it has decreased substantially over the past few months, which allowed consumers to spend freely last month.Retail Sales Soar Past ExpectationsThe Commerce Department said on Aug 15 that retail sales grew a solid 1% in July, following a 0.2% decline in June and ahead of the consensus estimate of a rise of 0.3%.Retail sales, excluding gasoline, food, buildi ...