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US retail sales post deepest drop on record

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U.S. retail sales in March dropped by the biggest amount on record amid the coronavirus pandemic.

Sales were down 8.7% overall, according to Census Bureau data. Officials began keeping track of the data in 1992.

Excluding autos and gas, retail sales dipped by 3.1%. A standout was grocery store sales, which surged 26.7% in March.

Read more from CNN Business.


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