U.S. Retail Sales Probably Fell in June, Led by Drop in Automobile Demand

(Bloomberg) -- Retail sales in the U.S. probably
fell last month following the biggest gain in more than a year,
restrained by a drop in demand for automobiles and home
supplies, economists said before a government report today.

Sales declined 0.1 percent after a 1.4 percent gain the
prior month, according to the median estimate in a Bloomberg
News survey of 75 economists. Purchases excluding automobiles
probably increased 0.2 percent.


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