United States: Retail sales pick up in October

In October, retail sales increased 0.4% over the previous month in nominal terms. The decrease contrasted the flat reading recorded in September (previously reported: -0.1% month-on-month) and was above market expectations of no change. Ten of the thirteen categories that make up the retail index expanded over the previous month, with electronics and appliance stores, as well as clothing stores, showing the strongest gains. Those stores’ improvements were partially offset by decreased sales at building material and supplies outlets and at gasoline stations.

Read more about American Retail.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s