Retail Sales Fall for the Third Straight Month

The monthly retail and food services report came out on Monday, and experts across the board agree that the numbers do not support a vigorous recovery.  Retail sales dropped for the third straight month, a trend that has not occurred since 2008.  On the other hand, retail sales increased by 3.8 percent since June 2011, and the auto industry, which faced grave prospects just a few years ago, experienced a healthy rebound, with sales growing 8.7% over the past year.
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