retail sales

US retail sales drop of 0.5% seen in June reflects economic slide

July 15, 2010 - 3:33am | Analytics | News
US retail   sales drop of 0.5% seen in June reflects economic slide

According to the latest estimation from the Commerce Department, US retail sales, that account for about half of total consumer spending and about a third of final sales in the US economy, dropped 0.5% in June to a seasonally adjusted $360.2 billion that reflects the economy to slow down slightly. 


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