PhotoRetail sales fell for a second straight month in June following three consecutive increases.

The Commerce Department reports sales last month totaled a seasonally adjusted $473.5 billion down 0.2% from May, which revised to reflect a dip of 0.1% instead of the 0.3% initially reported.

Decliners and gainers

The biggest drag came from gas stations, where sales were down 1.3%, along with department stores (-0.7%), restaurants & bars and sporting goods, hobby, book & music stores -- both down 0.6%, and grocery stores (-0.5%).

Among the few businesses posting gains were building material & garden equipment & supplies dealers (+0.5%) and nonstore retailers (+0.4%).

The complete report may be found on the Commerce Department website.

 

 


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