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U.S. retail sales barely rise as auto purchases fall

2015-11-13 17:00:57| Auto Dealers - Topix.net

U.S. retail sales rose less than expected in October amid a surprise decline in automobile purchases, suggesting a slowdown in consumer spending that could The Commerce Department said on Friday retail sales edged up 0.1 percent last month after being unchanged in September. Economists polled by Reuters had forecast retail sales increasing 0.3 percent in October after a previously reported 0.1 percent increase in September.

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