US economy on solid ground as retail sales surprise on the upside
WASHINGTON, Sept 17 (Reuters) - U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships was more than offset by strength in online purchases, suggesting that the economy remained on solid footing through much of the third quarter.
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Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is ...
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Analysts say there's still room for growth when it comes to online shopping, though most purchases are still made in person.
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