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This Week in Business: Retail sales, home sales, industrial production
The Commerce Department reports on retail sales for September on Tuesday
The Commerce Department releases U.S. retail sales data for September on Tuesday.
Economists expect that Americans increased their purchases at retailers by 0.3% last month, which would mark a slowdown from August. Retail sales have been mostly edging higher through the second half of 2023. Wall Street will be closely watching for any signals that consumers are pulling back on spending.
Retail sales, monthly percent change, seasonally adjusted: