US retail sales dip; producer prices post biggest drop in 3-1/2 years

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U.S. retail sales fell for the first time in seven months as motor vehicle purchases and spending on hobbies dropped.
Categories: AmazonBusinesscheaper gasolineCME GroupCME Group's FedWatch ToolComerica BankCommerce Department's Census Bureauconsumer pricescooling labor marketDallaseconomistsECONOMYFederal Reservefellfirst timefourth quarterhiking interest ratesLabor Department's Bureau of Labor Statisticslast monthmotor vehicle purchasesOctoberPrime Dayproducer pricesrate hiking cycleseven monthsslowing demandspending on hobbiesthree-and-a-half yearsTodays HeadlinesU.S. central bankU.S. retail salesunchanged

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