WASHINGTON — October retail sales, excluding autos and gas, declined 0.08%, according to the inaugural CNBC/NRF Retail Monitor, a monthly report that’s a joint product of CNBC and the National Retail Federation and is powered by consumer purchase data from Affinity Solutions. Analysis of debit card and credit card data for October showed weakness in
WASHINGTON – Early holiday shopping helped boost retail sales in October, the National Retail Federation said on Tuesday. “Retail sales data for October reflects the enduring strength of consumers’ finances and willingness to spend as the holiday season gets underway,” NRF President and CEO Matthew Shay said. “The robust balance sheets of American households are being
WASHINGTON — Retail sales grew for the sixth month in a row in October, according to figures from the National Retail Federation (NRF). October sales increased compared to September, and also compared to October of last year. The increases were less than some economists had predicted, prompting worries that sales were losing momentum heading into