Retail sales climbed up a bit in October

October delivered a 0.1 percent increase in retail sales, compared to September, and a 4.3 percent gain compared to a year ago.

The figures, released by the National Retail Federation, indicate that households will be spending during the holiday season, according to a press release.

The sporting goods segment saw the biggest increase, with a 1.5 percent boost over September, but dipped 2.4 percent compared to a year ago while clothing and accessories saw an 0.8 percent month-to-month and 0.4 percent increase compared to 2016.

Topics: Consumer Behavior, Trends / Statistics

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