Ambiguous Retail Sales Suggest American Consumers In Limbo
US retail sales fell more than expected in March, data released on Friday showed, adding another piece to a growing body of evidence which suggests the world's largest economy is finally beginning to cool.
Nominal spending fell 1% last month, double the expected drop. The range of estimates from more than five-dozen economists who ventured a guess was -1.5% to 0.4%.
February's 0.4% decline was revised to show a smaller dip.
Sales have now fallen in four of the last five months. January's mu
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