Sign in | Join us  
      
 Popular Searches:diamond,cbn,tuck point blade,cup wheel,saw blade, brown fused alumina
Home -- Information


  Featured Companies
 • Yantai Cct Metal…
 • Dymend Tools Co.,…
 • Henan Boreas New…
 • Yancheng Xiehe Machinery…
 • EKF Industrial Supplies…
 • Ruishi New Material…
 • MORESUPERHARD
 • Henan Banner New…
 • Zhengzhou best synthetic…
 • Zhengzhou Haixu…

 Print  Add to Favorite
Custom your font size:     

June US Retail Sales Drop-Economy still has Consumers Worried


Post Date: 18 Jul 2009    Viewed: 560

Despite the many discounts on seasonal merchandise and apparel, US shoppers were still reluctant to part with their cash in June. Unseasonal weather throughout the US last month also impacted on spending. According to the National Retail Federation (NRF), retail industry sales for June slid by 3.8% unadjusted over last year and decreased by 0.2% seasonally adjusted month-to-month.


According to the U.S. Commerce Department, June retail sales indicate that total retail sales increased by 0.6% seasonally adjusted from the previous month and decreased by 7.8% unadjusted year-over-year.


Rosalind Wells, Chief Economist of NRF, noted: “Although several economic indicators are starting to show signs of improvement, it is going to take a few more months - maybe longer - for people to feel comfortable spending again. High unemployment and other uncertainties will continue to impact consumer spending through the remainder of this quarter.”


While some retailers saw small increases in month-to-month sales, many still reported declines year-over-year.


Superhard Material of China

Superhard Material of China

Abrasives and Grinding Products of China

Abrasives and Grinding Products of China

Coated Abrasives of China

Coated Abrasives of China

Chia International Abrasives & Grinding Exposition

China International Abrasives & Grinding Exposition

Home | About Us | Members | Contact | Advertising Quotation
Supported by Yuanfa Information Technology co.,Ltd
Copyright ©Abrasivesunion 2006. All rights reserved
Page rendered in 0.0205 seconds
增值电信业务经营许可证:豫B2-20202116  ICP备案:豫B2-20100036-2