Wednesday, May 20, 2009

U.S.: Sales in retail outlets in the week to May 16

The International Council of shopping centers and Goldman Sachs fell 1.2% in the week to May 16, seasonally adjusted, in the light of shops, serving in both the reference period .. In annual terms, retail sales fell by 0.3%. "After the Day of the Mother, shopping, and buyers have slowed down and affected retailers everywhere," - said Michael Niemura, chief economist of ICSC. He added that retailers have had difficulty in comparison with May, when consumers were approximately 50 billion return of tax payments.

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