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Retail Sales Drop Anew
Updated from 9:11 a.m. EDT
Retail sales in the U.S. continued to slump in May for the second straight month, the government reported Tuesday, providing another sign that America's hot economy may finally be starting to cool.
Combined with a slowing housing market, declining durable goods orders, a moderation in manufacturing, and Friday's unchanged Producer Price Index report, the retail numbers point to a more benign inflationary picture. ...
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