US headline retail sales rose 0.3% mom in October to USD 526.6B, above expectation of 0.1% mom. But ex-auto sales rose 0.2% mom, missed expectation of 0.3% mom.
Import price index dropped -0.5% mom in October, versus expectation of -0.2% mom. Over the year, import price index dropped -3.0% yoy.
Empire State Manufacturing Index dropped to 2.9, down from 4 and missed expectation of 6.1. “The general business conditions index was sluggish for the sixth consecutive month”.
