Retail sales have dropped for the second straight month. According to a recent Fox Business article, Americans have decreased their spending on restaurants and auto dealers despite a healthy job market.

Consumers are becoming more cautious with their spending for specific goods and services. The decrease in sales also included categories such as gasoline and building materials, but was offset last month by increased spending at department stores, clothiers and electronics outlets.

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Brigit Larson

About the Author

Brigit Larson

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Brigit Larson is an 1851 contributor and a graduate of the University of Wisconsin-Madison