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Retail sales in US fall for second month as economy cools

Retail sales in the U.S. fell in May for a second month as slower employment and subdued wage gains damped demand, a sign the world’s largest economy is cooling.

The 0.2 percent decrease followed a similar decline in April that was previously reported as a gain, the Commerce Department said. Sales excluding automobiles slumped by the most in two years.

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Comments

MICHAEL BATTENFIELD TheBatt says...

This isn't possible. Obama told us that the private sector is doing "just fine"...

How many ignorant voters will still vote for him come November?

Posted 13 June 2012, 2:25 p.m. Suggest removal

JACK KENISON Jjackk says...

Manufacturing to GDP has been on the decline since 1967. How long do you think the juggling act can go on?

Posted 13 June 2012, 2:34 p.m. Suggest removal

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