• Pete

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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