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By Andrew P. Napolitano
Obama's veil of secrecy is pierced
Topic - Ken Perkins
Retailers from discounter Target to department-store chain Macy's reported better-than-expected sales in March in the latest sign that Americans are feeling better about the economy.
Shoppers are showing signs of pulling back on spending on discretionary items like clothing and home goods as gasoline and groceries eat up more of their paychecks.
Ken Perkins, president of retail research firm Retail Metrics LLC, said the move will "put pressure on everyone else to follow suit."
For the year, revenue grew about 2.5 percent across 122 retailers, said Ken Perkins, president of RetailMetrics, a retail research firm.