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US retail sales cool after warm-weather spree

from Bloomberg

Retail sales rose in April at the slowest pace of the year as Americans took a break from a shopping spree induced by unseasonably warm weather in prior months and an earlier Easter holiday. The 0.1 percent gain followed a 0.7 percent increase in March, Commerce Department figures recently showed in Washington. The April advance matched the median forecast in a Bloomberg News survey. more


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