U.S. retail sales rise modestly

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Tuesday, July 15, 2014

WSJ: Retail sales in the United States rose a seasonally adjusted 0.2% from May, the weakest increase since January.

The overall number was dragged down by a drop in spending on cars and furniture.

In most other goods categories—including clothing, general merchandise and sporting goods—consumers stepped up spending at a healthy pace. Excluding autos, retail sales rose 0.4%.

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