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Chair of Fashion Merchandising Department Speaks to Reuters About the Retail Economy
Summer may continue to be slow for retail sales
LIM College professor Michael Londrigan spoke to Reuters about the state of the national economy, noting that retail sales have been down for two months in a row despite a little relief in gas prices.
"More is being spent on necessities, housing and food as opposed to going back into the economy as retail sales," he said. Scroll ahead to the :58 second mark for Professor Londrigan's interview.