With restrictions easing, people are spending again — but mostly on dining, travel and services. Still, U.S. retail sales rose a seasonal adjusted 0.6% in June from the month before according to the U.S. Commerce Department.
Pedestrians pass the Macy's store in the Downtown Crossing shopping area, Wednesday, July 14, 2021, in Boston. . U.S. retail sales rose a seasonal adjusted 0.6% in June from the month before, the U.S. Commerce Department said Friday, July 16.
Americans spent more last month on clothing, electronics and dining out as the economy opened up and there were fewer pandemic-related restrictions. Retail sales growth has slowed since March, when stimulus checks sent to most Americans helped boost spending. And as Americans get vaccinated, they have spent less on goods and more on hotels, haircuts and other services, which are not included in Friday’s report.
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