Retail Sales: Not as Bad as Feared
December 12, 2008 at 16:04 PM EST
The Commerce Department reported Friday its advance estimate of seasonally adjusted U.S. retail and food services sales for the month of November. Sales at U.S. retailers fell for a fifth straight month in November, the first time that has happened going back to 1992. Sales peaked in June of fiscal ‘08 at $384.1 billion, and [...]