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From Home Furnishing Business

Furniture Sales Jump 2.4% in June

Americans spent more at retail businesses in June, buying more cars and trucks, furniture and clothes. But consumers cut back on many other purchases, a mixed sign for economic growth.

The best news for the furniture industry is that furniture sales jumped 2.4 percent in June, a sign that could just mean the housing recovery is encouraging more home remodeling.

The Commerce Department said Monday that retail sales rose 0.4 percent in June from May, after a 0.5 percent increase the previous month.

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Source: Yahoo! News



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