Home » News » USA: +1.3% in retail sales in October – 11/16/2022 at 2.35pm

USA: +1.3% in retail sales in October – 11/16/2022 at 2.35pm

(CercleFinance.com) – U.S. retail sales rose more-than-expected by economists in October, rising 1.3% after stagnating the previous month, according to the Commerce Department.

Excluding the auto sector (vehicles and equipment), US retail sales also increased 1.3% last month compared to September, when market consensus expected a much weaker increase.

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