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U.S. Shoppers Pull Back Spending at Start of Holiday Season
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Wall Street Journal, Dec. 16, 2020–Harriet Torry (subscription)
U.S. retail sales, a measure of purchases at stores, restaurants and online, dropped a seasonally adjusted 1.1% in November from the prior month, the Commerce Department said Wednesday. October sales were revised to a decline of 0.1% from an earlier estimate of a 0.3% increase. Sales were up by 4.1% in November when compared with the same month a year ago.
https://www.wsj.com/articles/us-economy-november-retail-sales-coronavirus-recovery-11608059514?mod=hp_lead_pos4