Global Economic News

U.S. Retail Sales Tumble 1.1% In July Amid Continued Drop In Auto Sales

With auto sales continuing to fall sharply, the Commerce Department released a report on Tuesday showing U.S. retail sales tumbled by much more than expected in the month of July.

The report said retail sales slumped by 1.1 percent in July after climbing by an upwardly revised 0.7 percent in June.

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by RTTNews Staff Writer

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