by Calculated Risk on 7/14/2006 08:46:00 AM
Friday, July 14, 2006
U.S. retail sales fall 0.l% in June
From Rex Nutting at MarketWatch: U.S. retail sales fall 0.l% in June
U.S. consumers cut back in June, sending retail sales down 0.1% for the month, the Commerce Department reported Friday. It was the second straight month of tepid retail sales. Sales rose 0.1% in May.Here is the report.
Percent Change in Retail and Food Services Sales
Click on graph for larger image.
The other shoe? Housing and equity extraction slowdown. Then retail sales slows?