Retail Sales Fall For Third Month

Retail sales fell for the third consecutive month in June, the first time sales have slumped for that long since the height of the recession. Total retail sales declined 0.5 percent from May, the Commerce Department reported in Washington Monday. Sales were down in the majority of retail categories, led by a 1.8 percent decline in spending on gasoline, as fuel prices continued to fall. Large declines in spending also registered in furniture, electronics, appliances and building supplies. The…

Topics:  june   total   commerce department   washington   sales   large   the    fall   month   percent   spending   
BING NEWS:
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BING SEARCH:
  • Retail | Fortune
    Read the latest stories about Retail on Fortune
    04/22/2018 - 11:34 pm | View Website
  • Retail sales decline: Is a recession imminent? | Fox Business
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  • Retail News
    Find the latest news, headlines, blogs and video about retail, consumers, shopping and retail companies from CNBC.com.
    04/22/2018 - 5:12 am | View Website
  • Retail Forecast for 2018
    Retail Forecast for 2018 - The Centre for Retail Research based in Nottingham, UK
    04/21/2018 - 11:50 pm | View Website
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