A customer checks price tags while shopping at a retail store in Schaumburg, Ill., Thursday, June 30, 2022. Consumers picked up their spending in June from May despite surging prices in gas and food. U.S. retail sales rose 1% last month, from a revised decline of 0.1 % in May, the Commerce Department said Friday, July 15, 2022. (AP Photo/Nam Y. Huh, File)
July 15, 2022
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July 15, 2022 12:35 p.m.
Retail sales up 1% in June, easing fears of a recession
The solid figures bold well for the back-to-school shopping season, the second largest sales period behind the winter holidays