A short time ago, the Commerce Department released the retail sales data for the month of February and, to the surprise of many economists, the news wasn’t good. Overall retail sales declined 0.6 percent, the second decline in the last three months and, on a year-over-year basis, sales are up only 2.6 percent.The 2.6 percent annual gain is well below t[...]
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[Source: The Money Blogs]
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