Monthly Report: June Sporting Goods Store Sales Continue Fall
For the fifth consecutive month, the Monthly Retail Trade Survey, prepared by the U.S. Census Bureau, reported a drop in sales in sporting goods stores. For the most recent reporting month (June), sales fell 3.1% after dropping 4.3% in May, 1.0% in April, 2.2% in March and 1.8% in February. June sales were $3.33 billion (preliminary) versus $3.15 billion in June 2008. The May decline was the sharpest since November 2008 when sales declined 4.6%.