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US Retail Sales Show Consumer Spending ‘Still on the Uptick’

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

U.S retail sales rose 0.4 percent in June, better than the expected 0.1 percent gain, and representing continued growth over a revised 0.4 percent gain in May. Mickey Chadha, vice president at credit ratings agency Moody’s Investors Service, said the better than expected increase “demonstrates that consumer spending is still on the uptick and the…

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