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Why Falling Retail Sales Show Consumer Demand Is Still Holding Up

Por: MarketWatch Business November 15, 2023

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At first glance, a drop in retail sales might be concerning for stores as the holiday shopping season begins. However, were a main driver for the decline. Sales at gasoline stations declined 0.3% from September. When stripping away motor vehicles and parts and gas stations, total retail sales actually increased 0.1% month over month, which is better than the 0.1% drop economists expected. “The consumer is alive and well,” wrote Chris... + full article



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