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US Clothing and Footwear Spending Rallies in July With 1.5% Increase

Clothing and footwear expenditures rebounded in July, increasing 1.5% to $400.68 million from $394.62 million in June, the U.S. Bureau of Economic Analysis (BEA) reported Thursday. Clothing and footwear spending had fallen 0.6% in June compared to May after four straight months of increased spending in the sector. This followed a 0.4% increase in July…

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