July 30, 2010

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Post-Clunkers, retail sales drop 1.5% in September

Thu Oct 15 12:56:00 -0400 2009

Associated Press (Washington)

- Retail sales declined in September by the largest amount this year as car sales plummeted after the end of the government’s Cash for Clunkers rebate program. But apart from autos, sales were better than expected, and the overall decline was less severe than forecast.

“Consumers are replenishing and replacing in a careful way,” said retail analyst Dana Telsey with the Telsey Advisory Group in New York.

To view the full article, download the PDF here: Associated Press, October, 15, 2009