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U.S. Retail Sales Decline in July Amid Lower Gas Prices

Key takeaways

  • Retail sales in the U.S. dropped in July, marking the first decline in 14 months, driven by cheaper gas and reduced online spending post-Amazon sales.
#Retail#Economy#U.S. Markets

Analysis

Retail sales in the U.S. dropped in July, marking the first decline in 14 months, driven by cheaper gas and reduced online spending post-Amazon sales.

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