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Consumers keep spending freely, powering a resilient economy

Por: Los Angeles Times Business August 15, 2023

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Americans increased their purchases at retailers last month — for clothing, dining out, online goods and other areas — in a sign that solid consumer spending is still powering a resilient U.S. economy. Retail sales rose a better-than-expected 0.7% in July from June, according to the Commerce Department's report Tuesday. The gain followed a revised 0.3% gain the previous month, the government said. Analysts noted that spending on Amazon... + full article



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