U.S. retail sales rise steadily; labour market tightening
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WASHINGTON (Reuters) - U.S. retail sales increased for a third straight month in December, with households buying a range of goods even as they cut back on purchases of motor vehicles, suggesting the economy maintained a moderate growth pace at the end of 2019.Other data on Thursday showed the number of Americans filing claims for unemployment benefits dropped for a fifth straight week last week, indicating the labour market remained strong despite a recent slowdown in job growth. That should..