According to the news from the Coin World Network, on November 15, the US retail sales in October were better than expected, providing additional assurance that the US consumer is in good health before entering the important holiday season. Scott Helfstein, head of investment strategy at Global X, believes that this data may be more valuable for the Federal Reserve and investors than the CPI released on Wednesday: "With a slightly weak labor market, the health of consumers is a key issue for the upcoming earnings season and possible tariff increases." But some economists are worried that the slowdown in sales in October will be greater than expected. Aditya Bhave, an economist at Bank of America, said that retail sales may actually decline due to reduced spending on discretionary goods in states affected by Hurricane Milton and unfavorable seasonal adjustments. Citi economists led by Gisela Hoxha were also cautious about the report, noting that Citibank credit card spending on some retail categories fell 1.65% in October from the previous month, and believed that the report would reflect more moderate consumption. Hoxha wrote: "We still expect the labor market to weaken in the coming months, which will drag on consumption.