U.S. retail sales tumbled by a record 16.4% as business shutdowns caused by the coronavirus kept shoppers away, further weighing down a sinking economy. An analyst from Columbia Business School sees the decline as 'just the beginning.' (May 15)
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U.S. retail sales tumbled by a record 16.4% as business shutdowns caused by the coronavirus kept shoppers away, further weighing down a sinking economy. An analyst from Columbia Business School sees the decline as 'just the beginning.' (May 15) Subscribe for more Breaking News: http://smarturl.it/AssociatedPress Website: https://apnews.com Twitter: https://twitter.com/AP Facebook: https://facebook.com/APNews Google+: https://plus.google.com/115892241801867723374 Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/70bda610d9934dc28b790f3fc6737e28