RXI - Massive Price Increases And Overstimulated Demand Fuel Historic Surge In Retail Sales

November, 17 2021 03:30 AM iShares Global Consumer Discretionary

Total retail sales jumped by 1.7% in October from September, by 16.3% from October a year ago, and by 22% from October 2019, to a record $638 billion (seasonally adjusted), according to the Census Bureau today.
Miscellaneous store retailers sales in October spiked 2.8% from September, by 26% year-over-year and by 30% from October 2019, to $15 billion (seasonally adjusted).
New & used auto dealers and parts stores sales rose 1.8% in October from September, to $127 billion (seasonally adjusted), the second month in a row of increases, after months of large declines from the free-money-blow-off spike in March and April.

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Company Name:	iShares Global Consumer Discretionary
Stock Symbol:	RXI
Market:	NYSE