U.S. retail sales rose in February by the greatest level since September. The U.S. Commerce Department on Wednesday reported a 1.1% increase from the month before with the January figure being upwardly revised to a 0.2% gain. February activity was 4.6% higher than the same time a year ago.
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Retail sales for the country started off in low gear during January, hitting their slowest pace in three months, with some analysts blaming the expiration of Social Security payroll tax cuts for the drop.
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