Spending at retail stores fell flat in September as consumers continue to confront the hottest inflation in 40 years.
Retail sales, a measure of how much consumers spent on a number of everyday goods, including cars, food and gasoline, was unchanged at 0% in September, the Commerce Department said Thursday. Economists surveyed by Refinitiv expected sales to increase 0.2%.
This is a developing story. Please check back for updates.
Read the full article here