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Retail sales rose 0.3% in November
Washington, D.C. -- A report released Thursday by the Commerce Department said that U.S. retail sales rose 0.3% in November from October, reflecting a bounce back after the effects of superstorm Sandy. Excluding fuel, retail sales increased a solid 0.8%. The median forecast of 81 economists surveyed by Bloomberg called for a 0.5% rise.
The 0.3% rise offsets a 0.3% dip in October from September.