The Big Four Recession Indicators: Real Retail Sales Up 0.4% in October
Published on November 15, 2024
Nominal retail sales in October were up 0.40% month-over-month (MoM) and up 2.85% year-over-year (YoY). However, after adjusting for inflation, real retail sales were up 0.15% MoM and up 0.27% YoY.