Global Economic News

U.S. Retail Sales Growth Slows Much More Than Expected In November

After reporting a sharp increase in U.S. retail sales in the previous month, the Commerce Department released a report on Wednesday showing retail sales rose by much less than expected in the month of November.

The Commerce Department said retail sales edged up by 0.3 percent in November after soaring by an upwardly revised 1.8 percent in October.

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by RTTNews Staff Writer

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