U.S. retail sales rebound; manufacturing output tumbles
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WASHINGTON (Reuters) - U.S. retail sales rebounded in October, but consumers cut back on purchases of big-ticket household items and clothing, which could temper expectations for a strong holiday shopping season.The report from the Commerce Department on Friday pointed to a moderate pace of consumer spending that probably remains sufficient to offset some of the drag on the economy from a downturn in the industrial sector."Consumers are easing off their spendthrift ways from the second quarter..