![]() ![]() At restaurants, sales eked out a tiny increase. But sales at grocery stores, gas stations and sporting goods stores fell. Shoppers increased spending at electronic stores and furniture and home furnishings stores after a recent pullback. That 0.6% figure is used to help calculate overall economic growth in the U.S., and it was a pretty strong showing in June. While the headline number of 0.2% was a bit weaker than expected, economists Tuesday focused on data that excludes volatile autos, gas, building materials and food services, which rose a solid 0.6% in June. ![]() The figure matched the pace of consumer inflation in June from the prior month, underscoring that shoppers are just about keeping up with pricing pressures. Retail sales rose 0.2% from May to June, following a revised 0.5% increase the previous month, the Commerce Department reported Tuesday. NEW YORK (AP) - Americans increased their spending last month as inflation eased in many areas, and the job market remained remarkably strong. ![]()
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