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October 15, 2008 · 7:53AM

U.S. Retail Sales Signal Recession

The U.S. Commerce Department reported September retail sales fell 1.2%, the most in three years, as American consumers reigned in spending on almost everything except health care products and gas.  Auto purchases declined a steep 3.8%. (CNNMoney)

Categories: Business & Finance Today · Markets, Economic News · Retail · Transportation

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