Retail Sales Rose an Unexpected 0.1 Percent in November
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In the latest snapshot of the holiday shopping season, the government reported a better performance than Wall Street had been expecting.
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In the latest snapshot of the holiday shopping season, the government reported today that retail sales increased 0.1 percent in November, a better performance than Wall Street had been expecting.
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New orders for long-lasting U.S.-made manufactured goods rose by a much less-than-forecast 0.1 percent during November and a key gauge of corporate appetite for investment also unexpectedly shrank, government data on Thursday showed.
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Consumer prices rose by a mild 0.2 percent in November as costs for gasoline and food products calmed down after posting sharp increases the month before.
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Sales at retailers unexpectedly rose 0.3 percent in January, partly reflecting stronger sales of new cars and gasoline, according to a Commerce Department report on Wednesday.
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U.S. retail sales rose 0.1 percent in November, the Commerce Department said on Monday in a stronger-than-expected report that cemented views the Federal Reserve will raise interest rates again this week.
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US retail sales rose 0.1 percent in November, a better than expected start to the crucial holiday shopping season, seasonally adjusted government figures showed.
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Sales at retailers posted a much stronger-than-expected 1.2 percent rise in November, government data showed on Thursday, as holiday shoppers coped with high energy costs and the fallout from a housing slump.
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Sales at British retailers rose a greater-than-expected 0.6 percent in November, led by household goods, clothing and footwear, as stores including Marks &amp; Spencer Group Plc offered discounts to lure holiday shoppers.
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Wal-Mart Stores Inc., the world&#39;s largest retailer, estimated November sales at US stores open at least a year rose about 0.7 percent, less than its forecast, amid higher gasoline prices that curbed consumer spending.
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Wal-Mart Stores Inc., the world&#39;s largest retailer, estimated November sales at US stores open at least a year rose about 0.7 percent, less than its forecast, as the company scaled back
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Steep discounts, combined with warm and wet weather, led to a less-than-stellar November sales for many chains, despite heavy shopper turnout for the kick-off of the holiday season, retailers said on Thursday.
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The November sales results for a few retailers raise some questions.
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Major U.S. retailers reported modest gains in November sales on Thursday, as discounting lured customers, but high energy prices and nagging concerns about a soggy job market kept buying in check.
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British retail sales have risen at a slower pace in November compared with the previous month.
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Major U.S. retailers reported modest  gains in November sales on Thursday, as discounting lured  customers, but high energy prices and nagging concerns about a  soggy job market kept buying in check.
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Sales on the High Street grew unexpectedly fast in November, official figures show.