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Tag: cracking

US retail sales fall in a sign that consumer economy could be cracking

U.S. retail sales fell for the first time in seven months in September, raising fears that a slowdown in the American manufacturing sector could be starting to bleed into the consumer side of the economy. The Commerce Department said Wednesday that retail sales dropped 0.3% last month as households slashed spending on building materials, online …

US retail sales fall in a sign that consumer economy could be crackingRead More