Summary
WASHINGTON - Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles facing the economy as it struggles to recover from the deepest recession in seven decades.
In another disappointing economic report, the number of newly laid-off workers requesting unemployment benefits rose more than expected last week as jobs remain scarce.See the full content of this document
Extract
Retail Sales Fall Unexpectedly; Jobless Claims Up
Still, many economists, puzzled by the retail sales decline tha...
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