Less Charged: Retail Sales Weaker Than Expected

March 14, 2006
As expected, retail sales across the U.S. fell in February, but by more than economists generally expected. Retail sales totaled $362.3 billion last month, 1.3% less than in January, the U.S. Commerce Department reported on March 14. Economists had ...

As expected, retail sales across the U.S. fell in February, but by more than economists generally expected. Retail sales totaled $362.3 billion last month, 1.3% less than in January, the U.S. Commerce Department reported on March 14. Economists had anticipated a decline of eight-tenths of a percentage point, about half the actual figure.

Auto, furniture and electronics sales were all down in February, with autos down nearly 5%.

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