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Surprise Slowdown in US Retail Sales

Business  (tags: US, retail sales, economy, housing sector downturn, financial markets, economic turmoil )

- 3326 days ago -
US retail sales slowed last month as concerns mounted about the economic impact of the downturn in the housing sector and turbulence in financial markets. Purchases were weaker than expected as sales growth slowed to 0.3 per cent from 0.5 per cent.

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