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America In Focus: US gas prices dip below $4 and more evidence Americans keep spending
Retail sales rose 0.9% in May as lower gasoline costs and easing mortgage rates helped offset persistent inflation concerns, Commerce Department data showed.
U.S. gas prices fell below $4 a gallon on average this past week, but just barely. Gas prices hit $3.999 on average in the U.S. Thursday, according to motor club AAA.