Retail sales rose solidly last month in a sign that consumers are still spending freely
By ANNE D’INNOCENZIO, AP Retail Writer
Published: August 15, 2023, 8:44am
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NEW YORK (AP) — Americans increased their purchases at retailers last month – for clothing, dining out, online goods and other areas – in a sign that solid consumer spending is still powering a resilient U.S. economy.
Retail sales rose a better-than-expected 0.7% in July from June, according to the Commerce Department’s report Tuesday.
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