Retail holiday sales increase 4 percent
Confident consumers stocked up on holiday gifts and other merchandise over the 2014 holiday season, helping boost overall holiday retail sales to their highest level since 2011. According to the National Retail Federation, December retail sales, which exclude automobiles, gas stations and restaurants, decreased 0.9 percent seasonally adjusted month-to-month, and increased 4.6 percent unadjusted year over year.
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