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Retail sales and food services spending posted another strong gain in June, rising 7.5 percent from the prior month following an 18.2 percent record surge in May and two devastating declines in March and April. The gains likely reflected the continued easing of restrictions on many businesses across the economy. However, with new COVID-19 cases surging around much of the country, the emerging recovery is at risk from consumer retrenchment and reinstated lockdown policies.
Excluding motor vehicle and gas categories, core retail sales and food services were up 6.7 percent in June,