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US retail sales jumped 1.5% in September

US retail sales jumped 1.5% in September as automotive sales recorded the fastest growth since October 2001, the Commerce Department said.
Written by ZDNET Editors, Contributor

US retail sales jumped 1.5% in September as automotive sales recorded the fastest growth since October 2001, the Commerce Department said. Seasonally adjusted retail sales for September grew twice as fast as the 0.7% rate that Wall Street economists had expected.

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