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Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions

October retail sales, excluding autos and gas, fell by 0.08%, according to the new CNBC/NRF Retail Monitor. The Retail Monitor is a joint product of CNBC and the National Retail Federation based on 9 billion annual credit and debit card transactions collected and anonymized by Affinity Solutions. The October data, accounting for more than $500 billion in sales, showed weakness in gas station sales, electronics and appliances and furniture and home stores. The consumer took a spending break ahead
Affinity Solutions National Retail Federation Retail Monitor
Source: wn.com

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