October’s results make up for most of the 0.3 percent month-over-month decline seen in September.
The pullback is possibly a reaction to increased fears over U.S.-China tensions according to NRF.
Details from the National Retail Federation’s prediction for the holiday season both for stores and online.
However, new tariffs present ‘downside risks.’
However, stock market and tariffs could lead to caution in consumer spending.
Retail sales were up 0.6 percent in June.
However, fundamentals ‘remain positive,’ according to NRF.
The results come as NRF is forecasting that retail sales during 2019 will increase between 3.8 percent and 4.4 percent.
Sales are up 3.6 percent over 2018, according to NRF.
2018 holiday sales grew 2.9 percent amid turmoil over trade policy and delay in data collection.