U.S. retail sales flat in June, beat Dow Jones expectations

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July 16 (UPI) — Retail sales were flat in June according to the latest report from the Commerce Department released Tuesday but still soundly beat Dow Jones projections that expected to see a decline.

The U.S. Census Bureau said sales reached a seasonally adjusted $704.3 billion in June, showing essentially no growth from the revised total in May while Wall Street predicted a decline of 0.4%.

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