Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday.
Retail sales slipped 0.9% for the … [+2284 chars]
Retail sales slumped 0.9% in January, down much more than expected - CNBC
Excluding autos, prices fell 0.4%, also far off the consensus forecast for a 0.3% increase.
By:Jeff Cox
Source:CNBC
Published:
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