US retail sales rise 0.4 per cent amid solid holiday shopping
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WASHINGTON — U.S. consumers shopped at stores and online outlets at a solid pace in December, closing out a healthy holiday season for retailers.
The Commerce Department said Friday that retail sales rose 0.4
Strong holiday shopping should lift economic growth in the final three months of last year. Americans have been more confident about the economy and are more willing to spend. The unemployment rate is at a 17-year low of 4.1
Online retailers reported a strong sales gain of 1.2