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Retail Sales Get December Boost

By Aggregated Content in economic news on January 15, 2013 from http://www.cnbc.com/id/100380093

Retail sales rose more than expected in December as Americans shrugged off the threat of higher taxes and bought automobiles and a range of other goods, suggesting momentum in consumer spending as the year ended.

Elsewhere, wholesale prices remained tame, while a gauge of manufacturing in New York again showed weakness.

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