Jul 22, 2002 Issue #45

Cover Story

Auto sales drive retail performance for June

Driven by a 3.4 percent surge in auto sales, which recovered from a slump the month before, retail sales advanced at a seasonally adjusted annual rate of 1.1 percent, the Commerce Department reported. But excluding the big spike in auto sales, the gains in most retail formats were more muted, and only clothing and accessories retailers, finally getting a break from sales of ...