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Published on Friday, February 12, 2016 | Updated on Friday, February 12, 2016

U.S. | January Retail Sales Provide Strong Start to 1Q16

Retail sales rose 0.2% MoM while core sales increased 0.4% MoM. Purchases rose in 8/13 categories, including auto, e-commerce and building supplies. Job gains, wage growth and gas savings will continue to drive consumer spending.