U.S. retail sales miss forecasts as restaurants decline

THE VALUE of U.S. retail sales climbed 0.2% in November, lower than estimates. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
THE VALUE of U.S. retail sales climbed 0.2% in November, lower than estimates. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
WASHINGTON – United States retail sales missed forecasts calling for an acceleration in November as clothing stores and restaurants posted declines, signaling the economy’s main engine may cool in the fourth quarter by more than previously thought. The value of overall sales climbed 0.2% after an upwardly revised 0.4% increase the prior month, Commerce Department…

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