U.S. consumers remained resilient in October and increased spending at retail and food service establishments by 0.4% in October per data released by the U.S. Census Bureau. And in another sign of the retail sales durability, September’s growth rate was revised up from 0.4% to 0.8%, while year-over-year retail sales increased 2.8%.
Consumers remain resilient as retail sales edge higher in October
Retailers maximize space efficiency as retail sales per square foot, excluding e-commerce, automobiles and gasoline, hit record high
By Brandon Svec
CoStar Analytics
November 19, 2024 | 7:48 P.M.
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