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  • NEW: US retail sales dropped 0.2 percent in May

    June 13, 2012 10:38 AM

    WASHINGTON (AP) - U.S. retail sales declined in April and May, pulled down by a sharp drop in gas prices. But even after excluding volatile gas sales, consumers increased their spending only modestly. The Commerce Department says retail sales dipped 0.2 percent in May. That followed a revised 0.2 percent... more »

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