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October 17, 2019

Retail sales dip 0.3% in September

WASHINGTON (AP) — Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending.

The Commerce Department said Wednesday that retail sales fell 0.3% last month following a 0.6% gain in August. It was the first decline since a 0.5% drop in February.

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