U.S. Retail Sales up 0.2% in October Nov 15, 2007

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U.S. retail sales increased a small amount in October as consumers struggled with falling confidence caused by a steep slump in housing and tighter credit conditions. The U.S. Commerce Department reported that retail sales increased 0.2% in October, compared to the previous month. It was the weakest showing since a 0.1% rise in August and represented a significant slowdown from a 0.7% jump in September sales. (AP)

 

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