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PODCAST: Shop ’til you freeze

Despite the cold weather, American consumers still went to the stores.

Americans put on their layers, their boots, their gloves and shopped anyway.  Economists are worried about what the weather’s doing to the economy, yet there was a vivid sign today that Americans were out there buying after all.  The government said retail sales bounced back in February, up three tenths percent.  It was a decent months for cars and trucks, furniture, and clothes. 

Plus, foreclosure filings in the U.S. hit a seven-year low in February, according to a monthly report from RealtyTrac. But that doesn’t mean there aren’t still problems – the newest of which is so-called “zombie properties,” properties vacated by the homeowner, lingering for years without being repossessed or resold, attracting vandals and blight. 

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