In July, US retail sales were flat compared to the previous month, the Census Bureau reported on August 17. A customer shops at an H&M store at Southland Mall on June 29 in Hayward, California.
Mandatory Credit: Justin Sullivan/Getty Images
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US consumers continue to spend, but rising inflation has shifted their priorities
With lower gas prices effectively putting more money back in their pockets, Americans continued to spend last month. But persistent inflation has reshaped their shopping habits.
