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US retail sales fell in January on fewer vehicle purchases

Motor vehicle sales dropped 0.9%

Bloomberg News

US retail sales declined in January, restrained by weakness at auto dealers as winter weather-related disruptions tempered some activity. The value of retail purchases, not adjusted for inflation, decreased 0.2% after no change in December, Commerce Department data showed Friday. Excluding car dealers, sales were little changed. Seven out of 13 categories posted decreases. Motor […]

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