Most Active Stories
- Plan To Make 6 States Out Of California May Head To Ballot
- Protesters Dispute Possible Immigration Reform Outside Mexican Consulate
- New Little Rock Police Chief Aims To Restore Trust In Law Enforcement
- Christie and Romney Visiting Arkansas: How Much Of It Is For Hutchinson?
- David Pryor Stumping For His Son In North Little Rock
Fri April 12, 2013
Consumers Cut Back, Sales Reports Show
DAVID GREENE, HOST:
NPR's business news starts with less shopping.
(SOUNDBITE OF MUSIC)
GREENE: Higher taxes and slow hiring cut into consumer purchasing last month. That's what analysts say is behind a disappointing March retail sales report. Today, the Commerce Department reported .4 percent drop - that's the biggest drop in nine months. Consumers cut back at auto dealers and at gas stations. They also bought less from department and grocery stores, and they bought fewer electronics and sporting goods. Transcript provided by NPR, Copyright NPR.