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Posted by
Two Blokes Jul 18 -
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General
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#TwoBlokesTrading
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American consumers defied expectations in June – typically a slow month in retail – posting a 0.6% seasonally-adjusted uptick in May-to-June spending and a 3.7% unadjusted increase year-over-year, as shoppers appear to be adopting a ‘wait-and-see' attitude toward economic uncertainty and looming tariffs.