Retail Sales Drop for Second Month in May
WASHINGTON (Reuters) - Sales at U.S. retail stores dropped for a second straight month in
May, adding to evidence that stiffer credit costs were sapping consumer spending as sales of new
cars tumbled for a third successive month, a government report on Tuesday showed.
The Commerce Department said total retail sales declined 0.3 percent last month to a seasonally
adjusted $265.98 billion following a steeply downwardly revised 0.6 percent fall in April.
Commerce officials said it was the first time retail sales had fallen for two months in a row since July
and August 1998. Previously, the department said April sales had eased 0.2 percent. Reut08:39
Ob das gut oder schlecht ist, wird sich wohl erst noch zeigen, da zurückgehendevUmsätze natürlich auch die Gewinnerwartungen der Unternehmen belasten.