U.S. retail sales strong in February

03/13/2013 | Wall Street Journal, The

U.S. retail sales, a key consumer barometer, surged a surprising 1.1% last month, according to figures released by the Department of Commerce. The gains came despite the continued impact of higher taxes since the beginning of the year and may be augmented in coming weeks by the distribution of income tax refunds.

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Wall Street Journal, The

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