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U.S. retail sales rise at slower pace

Video Credit: Reuters Studio
Published on August 14, 2020 - Duration: 01:13s

U.S. retail sales rise at slower pace

U.S. retail sales in July increased less than expected as consumers cut back on purchases of motor vehicles.

As Fred Katayama reports, it could slow further in the months ahead amid spiraling new COVID-19 infections and a reduction in unemployment benefit checks.

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