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U.S. Retail Sales Stumble as Gas Prices Bite
Published 1 week, 6 days ago
Description
U.S. retail sales stagnate in April, with a mere 0.5% increase, as soaring gas prices leave consumers with less disposable income. Department stores and furniture shops see a decline, while online sales buck the trend. Restaurants hold steady, but the full economic impact remains to be seen as gas prices persist.
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