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Retail Sales Seen Leveling Off as Record Holiday Shopping Season Ended
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wsj.comSales at U.S. retail stores, online vendors and restaurants are expected to have leveled off in December, ending a record holiday shopping season that included a resurgent Covid-19 pandemic, historically high inflation and supply-chain snags.
Economists surveyed by The Wall Street Journal estimate that retail sales fell a seasonally adjusted 0.1% in December from the prior month. Such a reading would mark a subdued end to record retail sales that started with a 1.8% gain in October.
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