WASHINGTON — Retail sales in the U.S. rose 0.8% in October compared to the previous month, boding well for strong holiday seasonal sales. Increased wages and stable hiring helped to drive the increase up beyond the expected 0.6%. Car sales and higher gas prices also contributed to the growth, but gains crossed several sectors including construction supplies and groceries. Meanwhile spending declined at furniture and department stores.
U.S. retail rises in October
Most Recent
Most Read
Norm Caissie named to the Order of Canada
Tue, January 14th, 2025
Farm Boy launches new store concept, branding campaign
Tue, January 14th, 2025
HR Advisor dives into customer loyalty, evolution of work
Tue, January 14th, 2025
Canadian Tire revives marketing contest
Mon, January 13th, 2025
CHPTA unveils new courses
Mon, January 13th, 2025
Marwood acquires Fraser Wood Siding
Fri, January 10th, 2025
Nicholson and Cates expands portfolio
Fri, January 10th, 2025
B.C. court okays class-action against Home Depot
Fri, January 10th, 2025
Building permits decline in November
Fri, January 10th, 2025
Castle adds key Quebec commercial dealers to its membership
Thu, January 09th, 2025