Another Disappointment In U.S. Retail Sales

July 14th, 2010 by Belisarius

Retail sales fell 0.5% in June . The consensus was at -0.2%, May reading was a decrease of 1.2%.  Autos taken out, the figure was  a decrease of 0.1%; the consensus was at 0.0%; prior reading at -1.1%.

Another disappointment and a confirmation of a economic slowdown coming in the second half of the year.

Chart 1. U.S. Retail sales

U.S. Census Bureau

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