U.S. Growth Outlook Weakens After Disappointing Retail Data
A discount sign hangs on display at a retail store in the Queens borough of New York, U.S. (Photographer: Jeenah Moon/Bloomberg)

U.S. Growth Outlook Weakens After Disappointing Retail Data

(Bloomberg) -- The surprising plunge in U.S. retail sales undermined the outlook for economic growth and is likely to leave the already-cautious Federal Reserve in an extended holding pattern.
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