US retail sales fall for a 2nd month as consumers pull back

WASHINGTON  — Americans curtailed their shopping in June, with less spending at restaurants, department stores and gasoline stations. The spending pullback came despite a healthy job market and suggests that economic growth could remain sluggish.

Retail sales fell 0.2 percent after declining 0.1 percent in May, the Commerce Department said Friday July 14. Spending at retailers has grown 2.8 percent over the past 12 months, a relatively modest pace given that the sales figures aren’t...

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