Retail Sales Decline in January
Washington, DC, Feb. 12, 2015 -- Retail sales fell 0.8% last month, according to the Commerce Department.
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That followed a 0.9% decrease in the prior month. Economists were expecting a 0.4% decline.
Six of 13 major categories showed decreases in January.
Sales dropped 0.5% at automobile dealers.
Sales excluding autos decreased 0.9% for a second month.