(Bloomberg) -- Sales at U.S. retailers stalled in
June following the biggest gain in more than a year as the
housing recession led consumers to tighten their belts, a report
this week may show.
Retail sales were probably unchanged last month after a 1.4
percent gain in May, according to the median estimate in a
Bloomberg News survey ahead of a July 13 report. Rising fuel
prices boosted the cost of imports, caused the trade deficit to
swell and hurt consumer confidence, other reports may show.
Read more at Bloomberg Bonds News
June following the biggest gain in more than a year as the
housing recession led consumers to tighten their belts, a report
this week may show.
Retail sales were probably unchanged last month after a 1.4
percent gain in May, according to the median estimate in a
Bloomberg News survey ahead of a July 13 report. Rising fuel
prices boosted the cost of imports, caused the trade deficit to
swell and hurt consumer confidence, other reports may show.
Read more at Bloomberg Bonds News
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