A flurry of industry reports and viewpoints issued Monday painted a positive picture on summertime spending and upcoming second-quarter results. You May Also LikeTotal retail sales in the U.S., excluding automobile dealers and gasoline stations, were up 0.32 percent seasonally adjusted month-over-month, and up 5.15 percent unadjusted year-over-year in July, according to the CNBC/NRF Retail Monitor. The Retail Monitor calculation of core retail sales, which excludes restaurants, auto dealers and gas stations, rose 0.3 percent month-over-month in July and increased 4.72 percent year-over-year. “Our proprietary intimates survey strengthens our confidence in continued sales momentum and reinforces our turnaround durability conviction,” Morgan Stanley reported. “Retail’s [second-quarter] EPS season has only just begun, but the impacts have been reverberating,” reported Simeon Siegel of Guggenheim Securities.