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Strong US Retail Sales Brighten Economic Outlook

Published on Jul 17 2018 9:00 AM in Retail tagged: Trending Posts / Economy / US / Sales

Strong US Retail Sales Brighten Economic Outlook

US retail sales rose solidly in June as households boosted purchases of automobiles and a range of other goods, cementing expectations for robust economic growth in the second quarter.

Signs of a strengthening economy, together with a tightening labor market and firming inflation, likely will keep the Federal Reserve on track to continue raising interest rates this year.

"Solid Pace"

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