US retail sales beat expectations; manufacturing production slumps

Retail sales increase 1.0% in June; May data revised up Core retail sales rise 0.8%; May data revised down Manufacturing production falls 0.5% in June Import prices gain 0.2%; core import prices fall 0.5% WASHINGTON, July 15 (Reuters) – US retail sales strongly rebounded in June as Americans spent more on gasoline and other goods …

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