Retail Sales Barely Budge Ahead Of Critical Holiday Season

People wait in line outside for their turn to enter the JD Sports store in New York City on Nov. 5.

Updated at 9:13 a.m. ET

Shoppers kept buying electronics and home improvement supplies, but October proved a month when much of the retail world held its breath. Retail sales barely budged, inching up just 0.3% from September, the Commerce Department said Tuesday.

Rebounding from near-collapse in the spring, retail spending has improved since the summer, even topping pre-pandemic levels. In October, overall retail sales were up 5.7% compared with a year earlier.