Falling retail sales could be due to gas prices
Posted: Apr 12, 2013 10:50 PM EST | Updated: Nov 5, 2014 11:00 PM EST
Falling retail sales in March could be due in part to lower gas prices.
According to a Census Bureau report, sales were down about half a percent last month.
Economists were expecting them to be unchanged from February.
Spending at the pumps dropped more than 2 percent.
Hiring also slowed last month when 500,000 people dropped out of the labor force.