US retail sales continue to drop
In March, retail sales in the US dropped by 1% compared to February, falling short of analysts' expectations of a 0.9% decline.
In March, retail sales in the US dropped by 1% compared to February, falling short of analysts' expectations of a 0.9% decline. Excluding auto sales, the figure was down 0.8%, which is also lower than forecasts. Negative trends in retail sales can cause a correction in US stock markets.
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