- Reaction score
- 1,483
Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions
https://www.cnbc.com/2023/11/13/con...etail-monitor-tracking-card-transactions.html
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.
https://www.cnbc.com/2023/11/13/con...etail-monitor-tracking-card-transactions.html