Redbook: US Retail Sales Down 1.2% In Oct Vs Sept

NEW YORK (Dow Jones)--Redbook Research's latest indicator of national retail sales fell 1.2% in the four weeks of October compared with the previous month, according to data released Tuesday.

The index's rise compared with a targeted 1% decline, according to the report.

The Johnson Redbook Index also showed seasonally adjusted sales in the four-week period rose 0.6% compared with October 2007, compared with a targeted increase of 0.7%.

Redbook said on an unadjusted basis, sales in the week ended Nov. 1 were up 0.3% versus a year ago, following a gain of 0.7% a week earlier.

-By Min Zeng, Dow Jones Newswires; 201-938-2096; min.zeng@dowjones.com

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/al?rnd=qYsyrujoKFsPavOl5yfDKQ%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

November 04, 2008 08:55 ET (13:55 GMT)


Copyright 2008 Dow Jones & Company, Inc.