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Retail sales in U.S have decrementd in the calendar month of October partially because of the superstorm arenaceous that occurred in the last calendar workweek of the month. Consequently, retail and food service sales striked by 0.3 share according to the Commerce Department. Also, the Commerce Department verbalize that the storm had both a beneficial and detrimental pock on the data. While some stores experienced a sizable 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 substantive retailers have a chance to recover their sales in November, its uncertain whether clothing, electronic, and furniture retailers would stand the same chance.

Furthermore, arenaceous 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 cross Department, the producer price index declined to 0.2 percent in Octobers (something that has not happened in the last five months). The price of fuel fall by 0.5 percent after experiencing a price bum in August and September. In a third report, however, inventories grew by 0.7 percent. Inventories in creased because auto dealerships increased t! heir car inventories.If you want to rag a full essay, order it on our website: OrderCustomPaper.com

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