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Strong discretionary spending lifts US retail sales in September
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
U.S. job growth slowed more than expected in July, with the unemployment rate increasing 4.3%, leading to fears that the labor market is faltering and the economy is heading for a possible recession.
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
The U.S. economy grew faster than initially thought in the third quarter, but momentum appears to have since waned.