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In this Dec. 10, 2020 file photo, a woman carries shopping bags in New York. The National Retail Federation expects that holiday sales gain could shatter last year’s record-breaking season even as a snarled global supply chain slows the flow of goods and results in higher prices for broad range of items. The nation's largest retail trade group said Wednesday, Oct. 27, 2021 it predicts that sales for the November and December period will grow between 8.5% and 10.5% to $843.4 billion and $859 billion. (AP Photo/Mark Lennihan, File)

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Defying inflation, Americans ramped up spending last month
November 16, 2021 10:30 a.m.

Defying inflation, Americans ramped up spending last month

Most economists to anticipate holiday shopping jumping by a record amount this year