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U.S. Retail Sales Post First Decline in Nine Months in July

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Retail sales decreased 0.6% in July after an unrevised 0.2% increase in June, according to the U.S. Department of Commerce. Economists polled by Reuters had forecast retail sales edging up 0.1% last month. U.S. retail sales fell for the first time in nine months as the boost from big tax

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