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December Retail Sales Helped by Car Sales

By: Big 2 News Staff
Updated: January 16, 2013
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US retail sales were better than expected last month, as people wrapped up holiday shopping.

According to a government report, sales rose about half a percent in December.

Much of the gain came from a nearly two-percent jump in auto sales.

Car companies had their best sales year since 2007.

The numbers are important because consumer spending is responsible for more than two-thirds of the overall U-S economy.

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