U.S. Retail Sales Up 1% In June, Easing Fears Of A Recession

U.S. Retail Sales Up 1% In June, Easing Fears Of A Recession

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Watch VideoConsumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices at the gas pump and in grocery aisles and allaying fears that the economy might be on the verge of a recession.

U.S. retail sales rose 1% in June, from a revised decline of 0.1 % in May, the Commerce...

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