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Secretary Locke Statement on July Retail Sales

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Locke, seated, gesturing with hands.

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The U.S. Commerce Department's U.S. Census Bureau today released retail sales for July 2009. Retail sales edged down 0.1% in July, following a strong rise of 0.8% in June. The total increase over the last three months is the strongest three-month performance since December 2007. “Despite the slight decline in retail sales we remain encouraged that the Recovery Act and other economic initiatives have stabilized conditions and helped those harmed by the economic crisis,” U.S. Commerce Secretary Gary Locke said. (More)

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