Retail Sales – First Drop in Four Months (CHARTS)
Posted on November 14, 2012 at 11:32 AM EST
Retail sales slumped this month, even as consumer confidence has been riding higher. (Bloomberg) — Retail sales in the U.S. fell in October for the first time in four months, influenced by the effects of superstorm Sandy, which hurt receipts for some and helped for others. The 0.3 percent drop followed a 1.3 percent increase [...]