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September Retail Sales Data Hints at ‘Cracks’ in Consumer Confidence

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A slip in e-commerce sales helped push U.S. retail sales down 0.3 percent in September, marking the first decline in seven months and compounding growing fears of economic stagnation. Economists were expecting modest retail sales growth of 0.3 percent. September’s decline was based on a revision to August retail sales data indicating that a 0.6…

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