Retail Sales Were Strong In June

Americans are buying things this summer, with retail spending ticking up in June, according to the Commerce Department.

Retail spending was up 0.4% in June, and 3.4% up over last summer, exceeding projections.

Strong retail sales could be a good sign for the economy, and balance out some of the negative impact from weaker business investment.

Source: https://www.cnbc.com/2019/07/16/retail-sales-june-2019.html

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