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Fox Business
14 Dec 2023
Americans picked up their spending in November ahead of the pivotal holiday season as inflation showed welcome signs of cooling.
Retail sales, a measure of how much consumers spent on a number of everyday goods including cars, food and gasoline, rose 0.3% in November, the Commerce Department said Thursday. That is above both the 0.1% decline projected by Refinitiv economists and the revised 0.2% drop recorded in October.
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