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Retail Sales Slip Again

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U.S. retail sales fell for a second straight month in March amid softening demand for automobiles, suggesting economic growth slowed abruptly in the first quarter. The Commerce Department said on Friday retail sales dropped 0.2 percent last month. February's retail sales were revised down to show a 0.3 percent decrease instead of the previously reported 0.1 percent gain. February's drop was the first and biggest in nearly a year. Economists polled by Reuters had forecast retail sales slipping 0.1 percent last month.http://feeds.reuters.com/~r/reuters/t...http://www.wochit.comThis video was produced by YT Wochit Business using http://wochit.com

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