Fear of the U.S. retail industry is facing its worst recession in nine years.

While the U.S. retail sales unexpectedly rose in March, but retail upcoming first quarter results probably still disappointing quarterly earnings could face nine years of the most serious recession. .<P Style=MARGIN: 0px target=_blank> </ P> <P style=MARGIN: 0px> recession means U.S. retail profit decline in domestic demand, consumer bogged down, difficult to restore shaken confidence in the U.S. economy also .hovering in the low to very long period of time. .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> (http://finance.) Ma City research company RetailMetrics LLC president of Perkins noted that the overall retail industry in the first quarter .profit compared with last year, is expected to decline 14.9%, may write down the biggest drop since 1999. .This year, in January forecast profit growth of 5.3% different. .Perkins said that if retailers do not cut costs and reduce inventory, profitability will worsen. .</ P> <P> increased the proportion of fuel and food expenses, the property market slump, a serious blow to consumer wishes the industry to face the worst consumer sentiment last two decades, had resorted to every means in order for customers to come. .</ P> <P> global retail leader Wal-Mart's latest online video last Friday, the financial expert Ellie Kay coup to save money to teach, how to plan carefully when the two dollars with a dollar. .Wal-Mart's rival Target Target Corp. Is planning to recruit the New York avant-garde in cheap clothing designer Rogan Gregory the force, the strategy is to take high-end boutiques in Barneys New York to set up sales points to enhance brand image, and further operated stores limit .When trafficking. .</ P> <P> analysts had worried that war would allow more retail discount industry cut its profit outlook, but it is not. .U.S. chain store Kohls and youth apparel retailer Aeropostale sales better than expected in view, both raised their profit forecasts. .</ P> <P style=MARGIN: 0px> In addition, the nation's 130 million households will receive the total amount of up to 117 billion U.S. dollars in tax rebate checks, retailers are all sharpening competition for the rare opportunity to prepare, but analysts think it .boost the effect of the U.S. consumer market is limited and temporary. .And economists estimated, after paying high prices of food and petrol, 1170 billion dollars in tax rebate checks for each taxpayer money I am afraid to leave less than 600 dollars, can not generate support for expenditures growth effect. .</ P> <P style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> the same time, tax expenditures also let in April surged 19% to 244.5 billion U.S. dollars, making the budget surplus narrowed to 159.3 billion U.S. dollars. .12 U.S. Treasury released data show that the first half of this fiscal year, the total budget deficit was 152.2 billion U.S. dollars. .Year earlier than the 80.8 billion U.S. dollars surged 88%. .</ P>.