The Census Bureau reported June advance retail sales rose for the fifth straight month, with headline sales up 0.2% in line with expectations. This compares with May’s 1.0% increase, signaling a cooling in consumer spending growth rather than a demand collapse.
The Census Bureau reported June advance retail sales rose for the fifth straight month, with headline sales up 0.2% in line with expectations. This compares with May’s 1.0% increase, signaling a cooling in consumer spending growth rather than a demand collapse.
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