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Industry News
Report: July retail sales rose 1.2%
8/14/2020

US retail sales grew 1.2% in July after surging 8.4% the previous month, and sales excluding autos were up 1.9%, according to the Commerce Department. Sales growth slowed as a rise in new COVID-19 cases affected some reopenings and consumers tightened spending as federal unemployment benefits neared an end.

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