Drop in retail sales casts doubt on economic recovery

Story date: 2010-06-11 08:19:18
Added on: 2010-06-12 00:35:16

Many economists had looked to consumers to lead the way back to prosperity, but the latest sales data raise concerns. Retail sales unexpectedly tumbled in May in the biggest drop in eight months, raising a vexing question for the nation's still-shaky economy: If consumers are not going to lead the way back to prosperity and additional stimulus spending by the government isn't likely, what's ...


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