U.S. retail sales drop in October

Sandy, wary consumers, slow automobile sales contribute to 0.3% dip

Posted: November 15, 2012 at 4:15 a.m.

Shoppers pass a BCBG Max Azria store Monday at the Fair Oaks Mall in Fairfax, Va. Retail sales fell 0.3 percent in October after three months of gains.

Hurricane Sandy combined with cautious consumers to lower retail sales in October and raise concerns about weaker economic growth and a tepid Christmas shopping season.

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Business, Pages 27 on 11/15/2012