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Commerce Dept figure sees January retail slump exaggerated
AP Huntnets Analyst John Cunnife notes that January retail sales fell 3.4 percent, the steepest in 13 years, but revisions and seasonal effects complicate the picture. He questions the impact on ordinary consumers as price indices and revised figures emerge, urging clarity amid ongoing revisions.
MENTIONED IN THIS ARTICLE
John Cunnifeap
Huntnets
New York
IAP
Commerce Department
Athens
Conaduiier
Tad