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Retail sales in the U.S. showed a steep drop in the month of November, according to a report released by the Commerce Department on Wednesday.
The Commerce Department said retail sales tumbled by 1.1 percent in November following a revised 0.1 percent dip in October.
Economists had expected retail sales to slip by 0.3 percent compared to the 0.3 percent increase originally reported for the previous month.
Excluding a decrease in sales by motor vehicle and parts dealers, retail sales still fell by 0.9 percent in November. Ex-auto sales were expected to inch up by 0.1 percent.
