US Consumers Took a Breather in October as Retail Sales Stalled
U.S. retail sales were unexpectedly flat in October, as consumers appeared reluctant to open their wallets ahead of the holiday season.
TL;DR
- U.S. retail sales were flat in October.
- Consumers showed reluctance to spend before the holiday season.
- Retail sales showed a 0 percent change in October.
- September's retail sales were revised down to a 0.1 percent increase.