Pete

Oct 16, 20201 min

Retail sales post big gain in September as consumers show unexpected strength PUBLISHED FRI, OCT 16

These are the key points by Jeff Cox of CNBC

  • Headline retail sales rose 1.9% in September, much better than the 0.7% Dow Jones consensus estimates.

  • Excluding autos, the gain was 1.5%, ahead of the 0.4% expectation.

  • Clothing and accessories led the gains while electronics was the only negative sector.\

Full Story https://www.cnbc.com/2020/10/16/retail-sales-september-2020.html?__source=newsletter%7Cbreakingnews

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