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U.S. Retail Sales Unexpectedly Weak in June
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14.07.2015
U.S. retail sales unexpectedly fell in June as households cut back on purchases of automobiles and a range of other goods. That could raise concerns the economy is slowing again. The Commerce Department said on Tuesday retail sales slipped three tenths of one percent percent last month, the weakest reading since February. May's retail sales were revised down to show them rising 1.0 percent instead of the previously reported 1.2 percent jump. Clothing stores sales dropped 1.5 percent, the largest decline since September 2014.
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