U.S. retail sales unexpectedly drop in sign consumer shaky

OVERALL U.S. retail sales declined 0.3% in September from the prior month. / PBN FILE PHOTO/MICHAEL SALERNO
OVERALL U.S. retail sales declined 0.3% in September from the prior month. / PBN FILE PHOTO/MICHAEL SALERNO
WASHINGTON – United States retail sales unexpectedly posted the first decline in seven months, suggesting consumers are starting to become shaky as the main pillar of economic growth and potentially bolstering the case for a third straight Federal Reserve interest-rate cut. Treasuries rose and U.S. stock futures fell. The value of overall sales fell 0.3%…

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