WASHINGTON - The U.S. economy is still packing a lot of punch despite an apparent slowdown in consumer spending during the spring, analysts said yesterday.

The Commerce Department reported that retail sales in May slipped 0.2% as purchases of autos and other durable goods fell sharply for the second straight month. The decline followed a revised 1.1% downturn in April sales and marked the first back-to-back monthly decrease since February and March 1993.

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