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From Home Furnishing Business
Retail Sales Fall for First Time in 8 Months
October 15,
2014 by in Economic News, Industry 
U.S. retail sales fell in September for the first time since January, and the slide could have been steeper had it not been for sales of Apple's iPhone 6.
Sales at U.S. retailers fell in September for the first time in eight months and only the release of Apple’s new iPhone 6 prevented an even steeper decline.
Sales at retail outlets dropped a seasonally adjusted 0.3% last month, showing a continued reluctance among Americans to splurge on consumer goods. Economists polled by MarketWatch expected a 0.2% reduction.
Although the decrease stemmed mainly from lower purchases of cars, trucks and gasoline, sales were soft in most categories. Internet retailers, clothing outlets and home-improvement stores all saw outright declines, the Commerce Department reported Wednesday.
Read Entire Story Source: MarketWatch