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Americans bump up spending in June as inflation eases in a strong jobs market

Por: The Boston Globe Business July 19, 2023

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NEW YORK — Americans increased their spending last month as inflation eased in many areas, and the job market remained remarkably strong.Retail sales rose 0.2 percent from May to June, following a revised 0.5 percent increase the previous month, the Commerce Department reported Tuesday.The figure matched the pace of consumer inflation in June from the prior month, underscoring that shoppers are just about keeping up with pricing pressures.... + full article



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