Business spending data shows there could be possible upside surprise in retail sales

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New for subscribers: Business spending data shows there could be possible upside surprise in retail sales Check out CNBCPro today.

Consumers continued to shop a lot, driving online sales sharply higher, and spending dollars at home remodeling stores, general merchandise retailers and grocery stores.

Retail spending is one area of the economy that has had a V-shaped rebound after the economic shutdowns in March and April.

 

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Pro Just out of curiosity, how much of the American public, do you think, actually cares about an uptick in retail sales? What does this mean to John Q. Public?

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