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American retail sales were surprisingly dreadful in December

Details of the American retail sales were surprisingly dreadful in December

By Anneken Tappe and Nathaniel Meyersohn, CNN Business

Updated: Fri, 14 Jan 2022 13:42:32 GMT

Source: CNN Business

Americans shopped less in December, causing the first drop in retail sales since the summer.

Sales dropped 1.9% compared with November, adjusted for seasonal swings, the Census Bureau reported Friday.

This is a developing story. It will be updated

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