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Rising number of US businesses report lower sales, profits

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More U.S. businesses reported falling sales and lower profits at the end of 2018 in a National Association for Business Economics survey.

Forty-seven percent of respondents pointed to rising sales in the fourth quarter, down from 61 percent in the previous quarter.

The number of businesses reporting sales drops grew to 17 percent from 6 percent.

Read more from CNN Business.

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