Americans Just Can't Stop Shopping

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There's nothing a little retail therapy can't solve, right?

US retail sales rose by 0.7% in July versus the month prior, beating consensus forecasts and following two prior months that saw upward revisions, according to Department of Commerce data released Tuesday. Then again, given the one-two economic punch of a hot job market and rising wages, perhaps the nationwide shopping spree is less therapeutic and more celebratory.

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Source Fool.com