Retail News
Consumers cut back in August
Reuters 09/16/2020Core retail sales, excluding autos, building materials, food services and gasoline, fell 0.1 percent last month, according to the Commerce Department, which revised its July number downward from a 1.2 percent gain to 0.9 percent. Job growth slowed during the month and claims for unemployment benefits remained high. Nearly 30 million Americans are currently receiving unemployment benefits.
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