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U.S. Retail Sales Rebounded in August Despite Delta Variant

Mount Equity Group Tokyo, Japan > News > Markets > U.S. Retail Sales Rebounded in August Despite Delta Variant

The U.S. economic recovery remains intact despite the latest wave of virus infections, with Americans boosting shopping and employers resisting layoffs.

Sales at the nation’s retailers rose 0.7% in August, the Commerce Department said Thursday, despite a big decline in car sales related to product shortages and shipping problems. Excluding cars, sales rose a robust 1.8%.

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