Retail sales unexpectedly fall in July as government tax refunds fade
Providence Business News
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NEW YORK (AP) – Americans unexpectedly cut their spending in July as a boost from government tax refunds faded. Retail sales slipped 0.6% last month, the biggest drop since May 2025, from a revised gain of 0.2% in June, according to Commerce Department data released Friday. There was a notable bump in spending in both […]
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