Retail Sales Growth Slows In October As Storm Surge Fades

Following September’s unprecedented storm-related surge in retail sales (which was revised even higher), October was a fall back to reality with a 0.2% MoM rise (better than expected 0.0% though), pushing the YoY growth back down to 4.6%.
Retail sales were up a modest 0.2% in October, following September’s 1.9% revised (from 1.6%) gain.

This post was published at Zero Hedge on Nov 15, 2017.