Retailers report a healthy spike in holiday sales

“The Commerce Department said Friday that retail sales rose 0.4 percent last month, after a 0.9 percent surge in November” writes Associated Press for Consumers shopped at stores and online outlets at a solid pace in December, closing out a healthy holiday season for retailers.Overall consumer spending, which includes spending on services as well as at retailers, increased 2.2 percent in the July-September quarter, after rising 3.3 percent in the April-June quarter.

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