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2025-12-16 21:39:39
[US Retail Sales Flat in October, Core Sub-sectors Rebound Strongly] ⑴ US retail sales were flat month-over-month in October, with the previous month's figure revised down to a 0.1% increase, below market expectations of a 0.1% increase. ⑵ Core retail sales (excluding food service, auto dealerships, building material stores, and gas stations), used to calculate GDP, rose sharply by 0.8% month-over-month, rebounding from a 0.1% decline in September. ⑶ Categories with the largest sales increases included: general merchandise retailers (up 2.2%), gas stations (up 1.9%), furniture and home furnishing stores (up 2.3%), and health and personal care stores (up 1.3%). ⑷ Other categories with sales increases included: food and beverage stores (up 0.1%), grocery stores (up 0.3%), electronics and appliance stores (up 0.7%), and general merchandise stores (up 0.5%). (5) On the other hand, sales declined in the following sectors: motor vehicle and parts dealers (down 1.6%), clothing and accessories stores (down 0.9%), sporting goods, hobby, musical instrument and bookstores (down 1.7%), building materials and garden equipment and supplies dealers (down 0.9%), and food and beverage service and drinking establishments (down 0.4%).
