SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Giordano Bruno who wrote (260635)7/14/2010 8:41:58 AM
From: DebtBombRead Replies (1) of 306849
 
Retail sales drop 0.5 percent in June
Retail sales fall in June for second month, raising worries about durability of recovery


AP Economics Writer, On Wednesday July 14, 2010, 8:35 am
WASHINGTON (AP) -- Retail sales fell in June for the second straight month, raising new concerns about how much of a slowdown the economy will have to endure in the second half of this year.

The Commerce Department says retail spending dropped 0.5 percent in June. That followed an even larger 1.1 percent fall in May. Excluding autos, spending was down a smaller 0.1 percent in June.

Much of the weakness last month came from the drop in auto sales and a decline in gasoline prices. Excluding autos and gasoline, sales would have risen a slight 0.1 percent in June after having plunged 1 percent in May. Still, the lackluster performance of retail sales over the past two months is prompting fears that the fledgling recovery is in danger of stalling out.
finance.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News