Wednesday, June 15, 2011

Retail Sales decrease in May 2011 - 1st decrease in 10 months

    The Commerce Department on Tuesday reported that U.S. retail sales decreased in May 2011 by .2% from April 2011. This was the 1st drop in retail sales since June 2010. Much of the weakness in retail sales was caused by a 2.9% drop in motor vehicle and parts sales.

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