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Consumer Sales up 0.2% in Mar

Consumer Sales up 0.2% in Mar 08, is it something to be happy about?  I doubt it given that it was against a backdrop of 0.4% dip in Feb.  Whats more, do not forget about the inflation, add in the inflation, what you get is a totally flat if not negative growth.   Today’s futures see a drop and this is expected.

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