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Retail sales in U.S have decrementd in the month of October partially because of the superstorm arenaceous that occurred in the last calendar hebdomad of the month. Consequently, retail and food service sales step-downd by 0.3 percent according to the Commerce Department. Also, the Commerce Department state that the storm had both a beneficial and detrimental lay out on the data. While some stores experienced a bountiful decline in sales because of the aftermath of the storm, other stores were arriver their sales peak as customers were purchasing fuel and groceries in large quantities. The superstorm along with other sources caused a 1.9 percent decrease in sales of building satisfyings and garden equipment and 1.5 percent in auto and parts dealers. However, sales increased by 1.4 percent at gas stations and by 0.8 percent at grocery stores. The authors suggest that while hardware stores and building temporal retailers have a chance to recover their sales in Novemb er, its uncertain whether clothing, electronic, and furniture retailers would stand the same chance.

Furthermore, light-haired could have a potential set back on holiday sales. A different report indicated that U.S wholesale prices dropped in October for the first time in several months. According to the travail Department, the producer price index declined to 0.2 percent in Octobers (something that has non happened in the last five months). The price of fuel lessen by 0.5 percent after experiencing a price stamping machine in August and September. In a third report, however, inventories grew by 0.7 percent. Inventories increased because auto dealersh! ips increased their car inventories.If you want to absorb a full essay, order it on our website: OrderCustomPaper.com

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