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U.S. retail sales rise solidly; fourth-quarter GDP estimates raised

Source: Reuters

Retail sales increase 1.3% in OctoberCore retail sales rise 0.7%; September sales revised upImport prices fall for fourth straight monthManufacturing output rises 0.1%; prior months revised downWASHINGTON, Nov 16 (Reuters) - U.S. retail sales increased more than expected in October as households stepped up purchases of motor vehicles and a range of other goods, suggesting consumer spending picked up early in the…

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Read the original source at Reuters