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Retail Sales Fall for First Time in 10 Months

By Aggregated Content in economic news on June 14, 2011 from http://c.moreover.com/click/here.pl?z4842364361&z=1250249029 Americans bought fewer cars in May, pulling retail sales down for the first time in nearly a year.

Sales among U.S. retailers fell 0.2 percent last month, the Commerce Department said. It was the first decline after 10 straight increases.

Auto sales dropped 2.9 percent, the largest decline since February 2010. When excluding autos, retail sales rose 0.3 percent.

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