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US retail sales rise more than expected

Washington: US consumers stepped up their spending in November and grew more optimistic this month, unexpectedly strong data showed on Friday, raising hopes a self-sustaining economic recovery was starting to unfold. A slew of data this week has suggested the recovery is gaining momentum, pulling further away from the devastating recession that pushed unemployment to quarter-century highs and raising hopes the economy can return to normal growth as massive government support starts to fade. P 7

 

 

 

 




 

 

 

 

 

 


 

 

 

 


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