Coronavirus savages U.S. retail sales again in April
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WASHINGTON (Reuters) - U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression.The Commerce Department said on Friday retail sales plunged 16.4% last month, the biggest decline since the government started tracking the series in 1992. Data for March was revised to show receipts at retailers falling 8.3% instead..