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Thursday, Apr 25, 2024

Retail sales dip 0.1 percent in February

WASHINGTON — Retail sales fell in February for the seventh time in the past eight months. While the decline was less than expected, economists are still looking for continued weakness given the battering households are taking from a prolonged recession. The Commerce Department reported Thursday that retail sales edged down 0.1 percent last month, less severe than the 0.5 percent drop that economists had expected. For the full story click here

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