US retail sales fall as scrappage scheme ends

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US retail sales fall as scrappage scheme ends

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10-14-2009, 11:29 PM

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US retail sales fall as scrappage scheme ends

The Commerce Department today revealed a fall in US retail sales for the month of September as the US Government’s Car Allowance Rebate System (CARS), branded the “cash for clunkers” scheme ended.According to the organisation, retail sales in the world’s largest economy fell 1.5% on the month - the largest amount in 2009 to date.The [...]

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