Modest 0.3% rise in retail sales, but optimism still buoyed

Modest 0.3% rise in retail sales, but optimism still buoyed

By ANNE D’INNOCENZIO
NEW YORK (AP) — Americans slowed their spending from October to November but still continued to shop ahead of the critical holiday season, brushing off rising prices and shortages.
Retail sales rose a modest, seasonally adjusted 0.3% in November compared with the previous month when sales jumped 1.8%, the U.S. Commerce Department said Wednesday.
That was a bit weaker than…

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