May's Retail Sales Up Slightly From April, but Significantly Down From Last Year
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Washington, June 11, 2009 – Without stimulus checks from Uncle Sam, consumers had less money in their pockets to spend last month. According to the National Retail Federation, retail industry sales for May (which exclude automobiles, gas stations, and restaurants) increased 0.2 percent seasonally adjusted from April but dropped 4.7 percent unadjusted over last year.
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