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CNN - Business/Consumer

Bad news for holiday shopping: Retail sales tumbled in November

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Published 6:49 AM

Retail sales dropped last month, signaling the consumer recovery is stalling out as the pandemic worsens in the United States.

Stores sold 1.1% less last month than they did in October, the Commerce Department said Wednesday. Sales were expected to be down 0.3% month-over-month in November, according to a survey of analysts compiled by Refinitiv.

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