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Gain in U.S. Retail Sales Underscores Solid, Steady Consumer

  • Nine of 13 retail categories showed increased sales in June
  • The 0.6% advance in overall sales topped all forecasts
Shoppers at the Westfield San Francisco Centre shopping mall in San Francisco, California.
Shoppers at the Westfield San Francisco Centre shopping mall in San Francisco, California.Photographer: David Paul Morris/Bloomberg
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U.S. retail sales rose unexpectedly in June, reflecting fairly broad gains across spending categories and wrapping up a solid quarter for household demand.

The value of overall retail purchases advanced 0.6% last month following a downwardly revised 1.7% drop in May, Commerce Department figures showed Friday. Excluding autos, sales jumped 1.3% in June.