November 14, 2012 at 12:11 PM EST
Did Superstorm Sandy Sandbag October’s Retail Sales?
Retail sales took a modest dive last month, but the prevailing explanation places the blame on Hurricane Sandy. That’s a plausible excuse for October’s consumption retreat, although it’ll take time to confirm, which means that it’s not immediately obvious that we can dismiss today’s news as a one-off event. For now, the only thing we [...]
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