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-0.0015344483658124 -0.0015344483658124 0.000153444836581328 0.00322234156820635 0.00398956575111255 0.0062145158815406 0.00253183980359071 0.00253183980359071
Stock impact report

Market Outlook: Retail sales fall in October as consumer caution grows [BNN Bloomberg (Canada)]

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
Company Research Source: BNN Bloomberg
While spending pulled back across several categories , underlying demand has shown resilience in parts of the retail and service sectors. BNN Bloomberg spoke with Carl Gomez, chief economist and head of market analytics at CoStar Group, about the drivers behind the October decline, what may be supporting spending in November and how consumer behaviour could shift heading into 2026. Key Takeaways Statistics Canada reported retail sales fell 0.2 per cent in October to $69.4 billion, coming in weaker than expected. Categories that had been resilient earlier in the year, including clothing and food and beverage retailers, showed signs of softening. An advance estimate for November points to a rebound in spending, potentially supported by seasonal activity and higher restaurant traffic. Discretionary spending has held up better than traditional consumer sentiment indicators would suggest, despite widespread uncertainty. Slowing population growth and a fragile labour market co Show less Read more
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