Retail Sales Flat In October, Lower Than Expected
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Advisor Perspectives Charts6.54K FollowersFollow5ShareSavePlay(6min)CommentsSummaryHeadline sales were flat, missing the projected 0.1% monthly growth. This is down from September's 0.1% growth and ends the four-month streak of increases in headline sales.Core retail sales (ex-Autos) rose 0.4% in October, outperforming the expected 0.2% increase.Retail sales 'control' purchases surged 0.9% in October, significantly above the 0.3% forecast. Max Zolotukhin/iStock via Getty Images By Jennifer Nash October’s Advance Retail Sales Report from the Census Bureau revealed a slowdown in consumer spending. Headline sales were flat, missing the projected 0.1% monthly growth. This is down from September's 0.1% growth and ends the four-monthThis article was written byAdvisor Perspectives Charts6.54K FollowersFollowAdvisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.