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Retail sales up 0.4% in April, buoyed by solid job market and declining prices in some areas

May 16, 2023

Via: ABC News

Americans picked up their spending modestly in April, spending money online and dining out, buoyed by a solid job market and a retreat in prices for some things.

Car sales also rose despite prices that continue to soar, according to the Commerce Department report issued Tuesday. But consumers are facing plenty of challenges heading into the second half of the year from tightening credit to a weaker job market.

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