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Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials

by LJ News Opinions
May 14, 2026
in Business
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NEW YORK (AP) — Shoppers tempered their spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture. But they’re still buying, thanks to more generous government tax refunds. Still, economists worry that spending will fall off more dramatically in the coming…

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