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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (32872)5/11/2000 9:02:00 AM
From: Junkyardawg  Respond to of 63513
 
Thursday May 11 8:39 AM ET
Retail Sales Fall in April
WASHINGTON (Reuters) - U.S. retail sales fell 0.2 percent in April, the first such decline in almost two years, the Commerce Department said on Thursday in a report suggesting recent interest rate rises may have started to cool the economy.

Retail sales fell 0.2 percent to a seasonally-adjusted $266 billion after an upwardly revised 0.5 percent gain in March. That was the first decline since a 0.1 percent contraction in August of 1998. Economists polled by Reuters had expected a gain of 0.4 percent in April.