Retail Sales Fall On Sandy; Wal-Mart Earnings Loom
Posted on November 14, 2012 at 13:47 PM EST
Hurricane Sandy slowed consumer spending before the important holiday season, causing retail sales to dip in October for the first time in three months the Commerce Department, announced on Wednesday. Retail sales fell 0.3%, ending three straight months of gains including a 1.3% increase in September. Analysts were only expecting a 0.2% dip. As areas of New Jersey and Long Island remain without power, the full effect of Sandy won't be known for