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Consumers Spend Strong Despite Headwinds | Flint News
Retail sales surged 1.2% last month, beating expectations and signaling resilient consumer spending despite a dip in confidence. Online sales rebounded from a prior decline, while higher gas prices fueled pump purchases. Spending also rose across dining, electronics, and recreation—showing people are still splurging on wants. Strong job growth supports spending, especially for middle-income households, but rising fuel costs could tighten budgets soon. Expect strong import volumes this month, hinting at continued buying momentum—but the road ahead may get bumpier. Listen in comfort:Get a…
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