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Retail spending fell in March as consumers pull back
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Retail spending fell in March as consumers pull back

eriinfo.com3 months ago07 mins

Washington, DC CNN  —  Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. That was steeper than an expected 0.4%…

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