The retail sales in the US had fallen 6.2% in 2009 comparing to 2008- Which is the largest yearly fall since these reports had been first published in 1992.
The retail sales had hit a 17 years bottom. The retail sales had decrease last month at 0.3% which is the first decrease in the last 3 months, so said the US Trade Office. The economist predictions were an increase of 0.5%. Car sales had decrease at 0.8%, Electronics sales and home supplies decreased at 2.6%.
In annual summery the values of retails sales stood on 4.14 trillion dollars at 2009.
More about how the retail sales will affect the stock market can be seen on the following movie.
Ailon.
The CEO Game.
