Retail sales slump in July. Cheaper gas and Amazon-Prime hangover are the chief culprits.

Sales at U.S. retailers fell in July for the first time in 14 months, but not because the economy sputtered. Americans spent less at gas stations because of cheaper fuel and they bought less online after Amazon's summer sales bonanza.

Source: Market Watch

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Category General

Source Market Watch

Published 1 month ago

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News ID #6,539

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