US retail sales lose steam in October after hurricanes

US retail sales lose steam in October after hurricanes …C0NTINUE READING HERE >>>

US retail sales cooled in October 2024 after a strong uptick in September, according to government data.
Photo: SAUL LOEB / AFP/File
Source: AFP

Retail sales in the United States slowed in October, according to government data released Friday, with analysts noting that devastating hurricanes in recent months likely disrupted consumption.

Sales rose 0.4 percent in October from a month prior to $718.9 billion, according to Department of Commerce data.

This was a smaller uptick than…

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