WASHINGTON -- The sluggish economy prompted consumers to spendless. Or, when the going gets tough, apparently the tough don'tshop.
Retail sales fell 2.8% in October, the fourth consecutivemonthly decline, the Commerce Department reported today.
Total retail and fuel sales were $363.7 billion last monthOctober. That was both a decrease from September's numbers and a 4%drop from October 2007.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
