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US retail sales surprise in February

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03-14-2010, 07:54 PM

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US retail sales surprise in February

US retail sales grew unexpectedly in February by 0.3% after economists had predicted a fall of 0.2% due to bad weather, which gripped most of the country during part of the month.According to the Commerce Department, the rise is the biggest since November, driven by hopes that economic recovery is gaining momentum.The news resulted in [...]

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