Another Disappointment In U.S. Retail Sales
Retail sales fell 0.5% in June . The consensus was at -0.2%, May reading was a decrease of 1.2%. Autos taken out, the figure was a decrease of 0.1%; the consensus was at 0.0%; prior reading at -1.1%.
Another disappointment and a confirmation of a economic slowdown coming in the second half of the year.
Chart 1. U.S. Retail sales
U.S. Census Bureau
