Retail Sales Rise Less Than Forecast as Americans Save More

October 14, 2015 12:30 PM

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Retail Sales Rise Less Than Forecast as Americans Save More

Consumers in the U.S. tempered purchases at retailers in September, pocketing the savings from lower fuel costs and making for a weak finish to the third quarter.

The 0.1 percent gain followed little change in the prior month that was weaker than previously reported, Commerce Department figures showed Wednesday in Washington. The median forecast of 82 economists surveyed by Bloomberg called for a 0.2 percent advance. More than half of merchant categories show...

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