Plunging Auto & Gas Sales Hurt Retail Sales in November
Thursday, February 25th, 2010
Money Morning asked: Dragged down by plunging gasoline prices and an auto industry struggling for survival, retail sales fell by 1.8% in November for a record fifth straight month, according to the U.S. Commerce Department.But a historic drop in retail gasoline prices and auto sales may have exaggerated the decline. Filling-station sales mirrored the recent [...]