G.O.O.D

From the Financial Times

Recession fears continued to grip the US on Thursday as retail sales data for February showed an unexpected decline, providing evidence that consumers have pulled back significantly.

According to the Commerce Department, retail sales last month fell by 0.6 per cent, led by a drop in car and restaurant purchases, while most economists were predicting a slight rise.

recession, Retail sales data

This entry was posted on Thursday, March 13th, 2008 at 12:23 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.