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July’s Consumer Spending on Clothing, Footwear Keeps Streak Alive

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Consumer spending on clothing and footwear in the U.S. ticked up 0.4 percent in July compared to June to $409.28 billion, but was still 1.3 percent below the $414.54 billion spent in July 2019, according to estimates released Friday by the Bureau of Economic Analysis (BEA). It was the third straight month for increased consumer…

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