Sandy

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 hebdomad of the month. Consequently, retail and food service sales lessend by 0.3 per centum according to the Commerce Department. Also, the Commerce Department address that the storm had both a beneficial and detrimental pay back on the data. While some stores experienced a sizable decline in sales because of the aftermath of the storm, other stores were reaching 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 clobber retailers have a chance to recover their sales in November, its uncertain whether clothing, electronic, and furniture retailers would stand the same chance. Furthermore, sandy 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 prod 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 decrease by 0.5 percent after experiencing a price stamping machine in August and September. In a third report, however, inventories grew by 0.7 percent. Inventories increased because auto dealerships increased their car inventories.If you want to flummox a full essay, order it on our website: BestEssayCheap.com

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