The recession continued to cause consumers to be stingy about parting with their money at retail outlets the Commerce Department reported today.
Retail sales fell 1.1% in March, the second consecutive monthly decline in that data Last month's figures were 9.4% below those of March 2008.
Total retail and food sales in March were $344 billion, down from $348 billion in February.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.