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Soft February Retail Sales Raise Questions About Consumer Spending

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Retail and food services sales slid by 0.1% in February compared to the previous month, according to newly released data from the U.S. Census Bureau. However, the $492 billion total represents a 4 percent increase over February 2017. Retail sales were also down 0.1% month-on-month but up 4.2% over last February. Though these numbers seem…

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