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U.S. Retail Sales Rose in February by Most in Four Months

U.S. retail sales climbed in February by the most in four months, spurred by job gains and more seasonable temperatures.

The 1 percent increase in purchases followed a revised 0.7 percent rise in January that was more than double the previous estimate, Commerce Department figures showed today in Washington. February sales, boosted by a jump in auto purchases and more expensive gasoline, matched the median forecast in a Bloomberg News survey.