Sunday, May 13, 2007

Retail sales fell slightly in April

Retail sales take surprise drop in April (Reuters)

A customer shops for clothing at a store in Portland, Oregon April 26, 2007. Sales by U.S. retailers fell 0.2 percent to a seasonally adjusted $372.03 billion in April as soaring gasoline prices and a slumping housing industry sapped consumers' appetite for spending, a Commerce Department report on Friday showed. (Richard Clement/Reuters)Reuters - Sales by U.S. retailers fell 0.2 percent to a seasonally adjusted $372.03 billion in April as soaring gasoline prices and a slumping housing industry sapped consumers' appetite for spending, a Commerce Department report on Friday showed.


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