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.

This story is only available from our archives.

Business, Pages 27 on 11/15/2012


« Previous Story

Anti-crash gear urged for all cars

A Lexus sedan stops short of hitting a dummy during a demonstration of a braking safety feature at a Toyota Motor Corp. testing facility in Sunsono, Japan, in 2011.

The government should require automakers to make the latest collision prevention technologies standard equipme... Read »

Next Story »

Crisis-weary Europeans strike to protest cutb...

Riot police and protesters clash Wednesday in Rome during a demonstration over austerity measures.

Hundreds of thousands of Europeans went on strike or snarled the streets of several capitals Wednesday, at tim... Read »