Reply To: Traders Market Weekly: Holiday Shopping Season Kicking Off

#67768
Truman
Participant

Total retail sales declined 0.1% month-over-month in October (consensus -0.3%) following an upwardly revised 0.9% increase (from 0.7%) in September.
Excluding autos, retail sales were up 0.1% month-over-month (consensus -0.2%) following an upwardly revised 0.8% increase (from 0.6%) in September.

The key takeaway from the report is that it isn’t adjusted for inflation, so it is clear to see that consumer demand for goods in October fell off noticeably from September.%.