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The decline in retail sales was the biggest, and the first, since Sept. 2009 when sales fell...

The decline in retail sales was the biggest, and the first, since Sept. 2009 when sales fell 2.2%. Sales remain +7.4% from a year ago - but much of that is due to the jump in gasoline prices.
Comments (4)
  • if things are good, people coninue on, and pay the .10 cents at the pump
    11 Jun 2010, 08:45 AM Reply Like
  • Hey! How about a trillion dollars of Federal stimulus money to jump start the economy.
    11 Jun 2010, 09:01 AM Reply Like
  • Retail sales ex Gas up 5.6% year over year....
    11 Jun 2010, 09:12 AM Reply Like
  • If people are not working, they are not buying. Savings accounts are dwindling. The prop up can only last until the Nov elections. Till, then it will be a full court press to prop up the stock market. With the summer doldrums, we can expect GS manipulation like last year, where their program trading routinely represented 60% or more of the trades.
    11 Jun 2010, 09:12 AM Reply Like
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