"It certainly is a case of 'two steps forward, one step back' for the U.S. economy," economist Dan Greenhaus of BTIG said of last month's weak retail sales.
DONALD LAMBRO: Gauging America's sluggish economy →
"What's becoming increasing clear is that this isn't a normal recovery," said Dan Greenhaus, chief economic strategist at Miller Tabak. "There's little we can do to create jobs until demand returns, and demand isn't returning."
Initial unemployment claims rise to 465,000 →