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Retail Sales Slow in August
Thursday September 14, 8:36 am ET
By Martin Crutsinger, AP Economics Writer
Retail Sales Slow in August Due in Part to Sharp Slowdown in Auto Sales


WASHINGTON (AP) -- Retail sales in August posted the weakest showing in two months as worried consumers tightened their spending habits.
The Commerce Department reported that the nation's retailers saw a tiny 0.2 percent increase last month following a much bigger 1.4 percent rise in July. It was the weakest performance since sales had actually fallen by 0.5 percent in June.

Much of the August weakness reflected a sharp slowdown in auto sales, which edged up just 0.4 percent last month after having surged by 4.3 percent in July.