US retail sales fall
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Sales at U.S. retailers fell in January for the first time in three months as Winter Storm Fern depressed spending at car dealers, gas stations and brick-and-mortar stores.
Retail sales were down 0.2% month-over-month in January and were 2.4% higher than a year ago, according to the U.S. Census Bureau. The retail sales growth was better than the 0.4% decrease economists projected.
Sales at retailers declined in January, the Commerce Department said, extending a tepid trend for U.S. shopping since late last year.
It's an unusual jobs day, with the January retail sales report being released at the same time as the February jobs report at 8:30 a.m. Eastern. Bank of America's economists expect a 35,000 jobs rise,