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US Retail Sales Uptick Bodes Well for Holidays

After a blip in September, retail sales rebounded in October to a seasonally adjusted $511.5 billion, which represents a 0.8 percent increase over the previous month and a 4.6 percent increase over the prior year period, according to the U.S. Department of Commerce. Though retail sales had reportedly eked out a 0.1 percent improvement from…

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