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Jun 14, 2017

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Meanwhile, spending at department stores dropped 3.7% from April of last year as general merchandise-store spending declined nearly 1%.  An improving housing market led to a jump in spending on home-improvement goods like gardening supplies and building materials. Spending in that category leaped 9.3% from a year ago alongside a 3.8% rise in furniture and home furnishing spend. What’s more, rising wages, which have helped consumers feel more confident about their economic situations, also led to an uptick in spending at food service and drinking establishments, while fuel prices helped drive