Spending fell 1.2%, the biggest dip in eight months. Auto sales were down 1.7%. Retail sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing. The big drop raises new worries about the durability of the economic recovery.
Retail Sales Drop In May, Raising Worries About Recovery
Los Angeles Times - Top News, Los Angeles Times
Fri, 06/11/2010 - 6:30am
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