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US retail sales lose steam in October after hurricanes

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US retail sales lose steam in October after hurricanes

Retail sales in the United States slowed in October, according to government data released Friday, with analysts noting that devastating hurricanes in recent months likely disrupted consumption. Sales rose 0.4 percent in October from a month prior to $718.9 billion, according to Department of Commerce data. This was a smaller uptick than September’s revised 0.8 […]

The post US retail sales lose steam in October after hurricanes appeared first on Insider Paper.

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