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Walmart's best sales in a decade show US consumer may be strongest in years because of the tax cut, jobs growth

from CNBC,
  • Walmart's best growth in comp store sales in a decade comes as the U.S. consumer is showing some of the best signs of strength since the recession.
  • Retail sales jumped in July, but so did the sales performance at retailers as consumers not only went shopping but spent money on travel and dining out.
  • Economists say consumer spending is being helped by the tax bill and also the fact that U.S. job creation remains strong, even as unemployment dipped below 4 percent.
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