YIKES: RETAIL SALES UNEXPECTEDLY SINK

Business Insider

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The March retail sales report is out.

The headline number fell by 0.4%.  Economists expected sales to be unchanged from a month ago.

Excluding autos and gas, sales fell 0.1%.  Economists were looking for a gain of  0.3%.

All around, these are ugly numbers.

Personal consumption is by far the largest component of GDP.



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