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Retail sales began 2022 on solid footing, according to data respectively issued today by the United States Department of Commerce’s U.S. Census Bureau and the National Retail Federation (NRF).
Commerce reported that January retail sales—at $697.0 billion—were up 3% compared to January and up 6.4% annually. From November 2022 through January, total retail sales were up 6.1% compared to the same period a year ago.
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