Tag Archives: Retail Sales; consumer spending

October Retail Sales Beat Expectations, Future Growth Faces Headwinds

November 15, 2011 Consumer spending displayed surprising resilience in October, with retail sales posting strong gains. The pace of spending slowed from September’s more robust numbers, but did not suggest broad-based weakening. Retail sales recorded gains for the fifth consecutive month and follow on the heels of solid GDP numbers, which reflect robust business investment […]