Pandemic spending patterns reemerge in October US retail data
Pandemic spending patterns reemerge in October US retail data
Pandemic spending patterns reemerge in October US retail data

Washington (AFP) – As the country faces spiking Covid-19 cases, US consumers steered their dollars towards e-commerce outlets in October, according to government data released Tuesday.Retail sales overall grew 0.3 percent from September, below expectations and the slowest rate in months, the Commerce Department report said.In a grim sign for main street brick-and-mortar retailers, the data indicate slowing growth in a sector that bounced back from the pandemic downturn faster than most others thanks to massive government assistance that kept consumers flush with spending money.However, most of…

Read More

HEDGE accordingly