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Retail sales up in December

Published: January 16. 2013 4:00AM PST

Economic prognosticators spent the end of 2012 fretting about looming spending cuts and toxic tax increases. Consumers, however, spent it shopping.

Retail sales across the nation rose 0.5 percent to $415.7 billion in December as Americans put “fiscal cliff" worries on the back burner and went on holiday buying sprees, according to the Commerce Department.

— Staff and wire reports

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