Open Enrollment | Subscribe to Dealerscope HERE
Connect
Follow us on
Advertisement
 

Retail Sales Drop; CE and Appliances Weak

June 14, 2011 By Stephen Silver
Get the Flash Player to see this rotator.
 
U.S. retail sales dropped 0.2 percent in the month of May, the first monthly drop in that figure in nearly a year, the U.S. Commerce Dept. said Tuesday.

Sales of electronics and appliances, meanwhile, fell 1.3 percent, the largest decline in over a year.

According to Reuters, the overall number was actually more positive than analysts had feared.




 

COMMENTS

Click here to leave a comment...
Comment *
Most Recent Comments: