Retail Sales Fall 0.5% in June

Retail sales declined 0.5% in June,Ìýthe Commerce Department said Monday.

The 0.5% dropÌýfollowed a 0.2% decline in May and isÌýthe third straight month of declines.ÌýÌý

The June decline wasÌýbelow economists’ forecasts of a 0.2% rise, Bloomberg reported.

Auto dealers’ sales decreased 0.6% whileÌýpurchases excluding autos dropped 0.4%.

Nine of the 13 major retail sales categories declined, Bloomberg said.



Almost all trucking operations depend on the health of retail sales because such sales involve nearly every type of cargo.

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