Consumers kept spending in October, helping lift retail sales nearly 6% year over year in the segments covered by Retail Dive, according to a report from the U.S. Department of Commerce. Shoppers “set aside concerns about inflation and many got a jump start on the holiday season,” according to a note on the numbers from the National Retail Federation.
In fact, inflation showed some signs of easing last month, and that impacted shopping for discretionary goods, according to Morning Consult.
