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Spending fell 1.2%, the biggest dip in eight months. Auto sales were down 1.7%. Retail sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing.
Snowstorms that shut in East Coast shoppers last month also chilled sales at women's clothing stores but most retail sectors saw gains in February compared with a year earlier, data released Wednesday show....
U.S. retailers performed better during the key holiday shopping season this year after a historically dismal 2008, performing in line with dampened expectations, according to data released on Monday.