(Bloomberg) -- U.S. retail sales dropped in November and the prior month was revised to a decline, indicating the economic rebound is hitting bumps as coronavirus cases surge and lawmakers wrangle over a new stimulus package.
Total retail sales decreased 1.1% from the prior month, following a 0.1% October decline, Commerce Department figures showed Wednesday. Economists in a Bloomberg survey called for a 0.3% decline, and October’s figure was originally reported as a 0.3% increase.
Excluding autos and gasoline, sales fell 0.8%, compared with estimates for a 0.1% gain.
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