{"id":28556,"date":"2024-11-13T12:32:26","date_gmt":"2024-11-13T07:02:26","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=28556"},"modified":"2024-11-28T17:46:14","modified_gmt":"2024-11-28T12:16:14","slug":"us-retail-sales-rebound-in-october-after-september-slump-says-nrf","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/us-retail-sales-rebound-in-october-after-september-slump-says-nrf\/","title":{"rendered":"US Retail Sales Rebound in October After September Slump, Says NRF"},"content":{"rendered":"<p>Consumer spending bounced back in October, according to the latest <em>Retail Monitor<\/em> report from the National Retail Federation (NRF) and CNBC. This positive trend comes after a September slowdown caused by concerns about geopolitical tensions and disruptions like the port strike.<\/p>\n<p>\u201cHealthy spending resumed in October as consumers continued to benefit from this year\u2019s job gains and higher wages,\u201d NRF President and CEO Matthew Shay said. \u201cInflation is mostly limited to services at this point and prices for some retail goods are actually falling. October sales have set the stage for a good start to the holiday shopping season.\u201d<\/p>\n<p>Total retail sales (excluding autos and gas) increased 0.74% month-over-month and 4.13% year-over-year in October. This is a significant improvement compared to September, which saw a 0.32% monthly decline and a modest 0.55% yearly gain. Core retail sales (excluding restaurants, autos, and gas) also saw strong growth, rising 0.83% monthly and 4.59% annually. October\u2019s year-over-year increase for both total and core sales is the highest since November 2023 and August 2023, respectively.<\/p>\n<p>NRF believes this October surge sets the stage for a strong holiday shopping season. They point to factors like continued job growth and higher wages that are boosting consumer confidence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumer spending bounced back in October, according to the latest Retail Monitor report from the National Retail Federation (NRF) and CNBC. This positive trend comes after a September slowdown caused by concerns about geopolitical tensions and disruptions like the port strike. \u201cHealthy spending resumed in October as consumers continued to benefit from this year\u2019s job&hellip;<\/p>\n","protected":false},"author":1,"featured_media":28557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-28556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US Retail Sales Rebound in October After September Slump, Says NRF - best jewellery magazines India<\/title>\n<meta name=\"description\" content=\"Solitaire International magazine best jewellery magazines India This is a leading trade magazine in India that curates informative and detailed news about the global gem and jewellery industry.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/us-retail-sales-rebound-in-october-after-september-slump-says-nrf\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Retail Sales Rebound in October After September Slump, Says NRF - 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