Total retail sales growth – not adjusted for inflation – has been fairly strong, rising 4.6% in the third quarter compared to a year ago, powered by booming e-commerce sales, which the Commerce Department reported this morning, and by rising inflation. But “real” retail sales (adjusted for inflation) are not so hot, rising only 2.0% in October, and this was at the lower end of the post-Financial Crisis range…. CLICK for complete article

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