Fox Business: US Retail Sales Fell in March, Second Straight Monthly Drop

US retail sales fell for the second straight month in March, with decreased spending on restaurants and auto dealers.

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Fox Business: US Retail Sales Fell in March, Second Straight Monthly Drop

TL;DR

US retail sales fell for the second straight month in March, with decreased spending on restaurants and auto dealers. Consumers are becoming more cautious with their spending for specific goods and services.

Retail sales have dropped for the second straight month. According to a recent Fox Business article , Americans have decreased their spending on restaurants and auto dealers despite a healthy job market.

Consumers are becoming more cautious with their spending for specific goods and services. The decrease in sales also included categories such as gasoline and building materials, but was offset last month by increased spending at department stores, clothiers and electronics outlets.

In this story

This story was originally published in 1851 Franchise on April 14, 2017. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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