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This copy is for your personal,non-commercial use only.Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.For <br /> non-personal use or to order multiple copies,please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. <br /> https://www.wsj.com/articles/us-economy-retai I-sales-march-2023-d86c682f <br /> ECONOMYU.S.ECONOMY <br /> Retail Sales Report Shows Americans Pulled <br /> Back on Big-Ticket Purchases as Interest Rates <br /> Rose <br /> Sales fell 1% in March, led by lower spending on vehicles; manufacturing output <br /> declined <br /> By Harriet Torry Follow <br /> Updated April 14,2023 3:45 pm ET <br /> American consumers cut their retail spending for the second straight month in March, adding <br /> to signs of a slowing economy. <br /> Shoppers pulled back on purchases of items such as vehicles, furniture and appliances amid <br /> climbing interest rates. Overall purchases at stores, restaurants and online declined a <br /> seasonally adjusted 1%in March from the prior month, the Commerce Department said Friday. <br /> Consumers also spent less on gasoline, reflecting a downward trend in prices. <br />