Retail sales in U.S. drop for first time in four months

Retail sales fell in October as American consumers pulled back after a three-month shopping spree and Superstorm Sandy slammed into the East Coast, shutting malls and auto showrooms. The 0.3 percent drop followed a 1.3 percent increase in September that was larger than previously reported, Commerce Department figures released on Nov. 14 showed. While it…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -