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NRF: Retail Sales Strong, Sees Momentum

Retail sales slowed on a monthly basis in September after a busy summer, but year-over-year increases remain strong as retailers prepare for the holiday season, said the National Retail Federation. According to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, total retail sales, excluding automobiles and gasoline, were down 0.66 percent seasonally adjusted month over month but up 5.42 percent unadjusted year over year in September, according to the Retail Monitor. ... [+]