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Economy

Economic Data (USA)

Friday, November 14, 2008

U.S. Retail & Food Services Sales Report for October 2008

The Commerce Department this morning released advanced estimates of U.S. Retail and Food Services Sales for October 2008:

Predicted: -2.4%
Actual: -2.8%

Minus Auto and Auto Parts Sales
Predicted: -1.6%
Actual : -2.2%


The above percentages represent the month-to-month change in total sales receipts for retailers that sell durable & non-durable goods, and retailers that provide food & beverage services.

  • Change from 12 months previous: -4.1%

The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.

Click here to view the full report.

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