Retail Sales Rose More Than Forecast In October
Tuesday, November 15, 2011
Two new economic indicators:
-- Sales in the retail and food sectors rose 0.5 percent in October from September, the Census Bureau says. They were up 7.2 percent from October 2010.
Bloomberg News says the increase in retail sales was "more than projected as Americans snapped up new Apple Inc. iPhones and demand for automobiles improved."
-- Wholesale prices "declined 0.3 percent in October" from September, the Bureau of Labor Statistics reports. The major factor: A 1.4 percent drop in energy costs. Over the past year, BLS added, wholesale prices have risen 5.9 percent.
Copyright 2011 National Public Radio. To see more, visit http://www.npr.org/.9(MDA2Mzg3MDUxMDEyODg5NzcwMDhkODJjMA001))
Source: NPR
Leave a Comment
Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.