Report this week will show Retail Sales in US excluding Autos fell sharply as Americans pared purchases at shopping centers
Marla Guthrie
Sep. 7, 2008

Sales excluding cars and trucks dropped 0.3 percent, the first decline since February, according to the market expectations. Americans paid less for gasoline and pared purchases at shopping centers.

The Commerce Department is scheduled to release the retail sales report on Sept. 12 at 8:30 a.m. in Washington.

Consumers'' inability to get access to credit is a bigger threat to sales than gasoline prices.

The annual selling rate for autos in the U.S. increased to 13.7 million in August from a 16-year low of 12.6 million a month earlier.

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