Retail sales unchanged in August, weakest showing in 3 months; demand for autos declines

WASHINGTON — Consumers spent less on autos, clothing and furniture to leave retail sales unchanged in August.

The lack of growth suggests households became more cautious during wild stock market fluctuations and increased fears about the economy.

The Commerce Department also said Wednesday that retail sales were slightly weaker in July than first thought. They rose just 0.3 percent, down from the initial reading of 0.5 percent.

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Joe Stephens 14 Sep, 2011


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