Retail sales see largest fall in 16 months

[hightime]

WASHINGTON (AP) -- Consumers are having to dig deeper into their pockets to pay for gasoline, so they're not buying as much elsewhere.

The Commerce Department says retail sales weakened more than expected in June.

The decline of 1.1 percent is the biggest in 16 months, much of that because of falling car sales. The drop virtually erases strong gains seen in May.

Excluding the automobile sales component, sales were down two-tenths.

http://www.wate.com/Global/story.asp?S=2038347

[RebelOne]

1. But...but... the economy is so strong.

[drmom]

2. Okay...although I don't like to see poor economic clues...

...if it helps all those people who vote for president based on the economy to decide that we need a change, then hey, lets look at it as good news.

[Moderator]

3. Duplicate topic

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=684503