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Retail sales climbed 0.5% in July

Retail sales climbed 0.5% in July

Facebook Tweet Email Link Washington  —  Americans are still opening their wallets, boosted by low unemployment and improving consumer sentiment. Spending at US retailers rose 0.5% in July, the Commerce Department said Friday. That’s down from June’s upwardly revised 0.9% gain, and in line with economists’ expectations. Retail sales are adjusted for seasonal swings, but not inflation. Consumer sentiment plummeted …

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