Demand for autos fuels increase; department stores lag
By COMPILED BY DEMOCRAT-GAZETTE STAFF WIRE REPORTS
Posted: June 13, 2014 at 2:49 a.m.
Sales at U.S. department and big-box stores, such as this Wal-Mart in Rogers, fell in May by 0.6 percent. Overall retail sales rose a modest 0.3 percent for the month, the Commerce Department reported Thursday.
U.S. retail sales rose modestly in May as consumers turned cautious in their spending. But economists said the weaker-than-expected result is unlikely to derail overall economic growth in the second quarter.