Minus cars, October showed uptick

WASHINGTON -- Hit by slumping car sales, U.S. retail sales dipped 0.1 percent during October to a seasonally adjusted $351.6 billion, the Commerce Department reported today.

But traffic at the malls was brisker than at the car lots, and when highly volatile car sales are pulled out of the equation, retail sales actually improved 0.9 percent.

Doing all of the damage, car sales fell 4.1 percent, offsetting gains at other retail segments. Furniture and home furnishings stores reported an increase of 0.7 percent.

Home & Textiles Today Staff | News & Commentary

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HTT Current issue for September 2017

See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!