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US retail sales jump as delta virus shifts spending back to goods

(Bloomberg)—U.S. retail sales unexpectedly increased last month in a broad advance, suggesting resilient demand for merchandise even as production constraints limit supply. The value of overall retail purchases increased 0.7% in September following an upwardly revised 0.9% gain in August, Commerce Department figures showed Friday. Excluding autos, sales advanced 0.8% in September. The median estimate […]

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