US retail sales slump unexpectedly and sharply after a summer tax-refund boost fades AP NewsFrustrated US consumers cut their retail spending last month CNNMidday Need to Know: Retail sales drop, Ackman shakes up portfolio & more (SPY:NYSEARCA) Seeking AlphaUS retail sales weakest in over a year, consumer sentiment plunges Yahoo FinanceUS Retail Sales Fall by the Most in More Than a Year Bloomberg.com
Sales at U.S. retailers in July had the largest decline in 14 months, but not because the economy sputtered. Americans spent less at gas stations due to cheaper fuel and bought less online after Amazon's summer sales bonanza.
