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Here’s where Americans are pulling back their spending as inflation takes a toll

Por: The Hill Politics April 15, 2023

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Retail sales in the U.S. fell 1 percent from February to March, according to released Friday, a sharp drop signaling that the economy is slowing faster than expected.   Analysts had predicted retail sales would fall 0.4 percent. Sales figures were down despite consumer prices rising 5 percent annually in March, indicating that sales volumes are seeing even steeper declines.  Spending is up just 2.9 percent compared to last year. But adjusted... + full article



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