By Alexander Bueso
Date: Thursday 14 Mar 2024
(Sharecast News) - Retail sales in the U.S. grew by less than expected last month.
According to the Department of Commerce, in seasonally adjusted terms retail sales volumes grew at a 0.6% month-on-month pace in January to reach $700.7bn.
Economists had penciled in an increase of 0.8%.
Excluding automobiles,...
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