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US Retail Sales Rise 1.2% in August After Dropping in July

Source: youtube.com

Consumer Demand & RetailEconomic DataEnergy Markets & Prices
US Retail Sales Rise 1.2% in August After Dropping in July

US retail sales rose broadly in August, with 12 of 13 retail categories reporting gains. Back-to-school spending supported demand, indicating consumers continued spending despite higher gasoline prices. The data point to resilient household consumption, a positive signal for retail and broader economic growth.

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