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US retail sales grew 0.3% in October, slower than expected

US retail sales grew 0.3% in October, slower than expected

The US Department of Commerce has reported that retail sales in America grew 0.3% in October, which was slower than analysts’ expectations of 0.5%. This happened despite retailers offering early holiday discounts online and in stores. September’s retail sales grew much faster at 1.6%, which raised hopes of a better performance in October than how it turned out be.

Tom A
Tom A
Jim
Jim 1 weeks

First sign that Biden’s policies are on the horizon. Watch out libs your economy is about to ensure you don’t get elected for the next 20 years. Sure we gotta go through a real recession first but it’s ok Biden will prop up the mega rich and let you suffer, wait and see who you elected !

John
John 1 weeks

Why is this surprising? The government has been doing everything in its power to hamstring the economy all year. It's a miracle that there's any growth at all.

Martin
Martin 1 weeks

Thanks Obama!

Remy
Remy 1 weeks

Because we're all friggin broke!!

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