The Wall Street Journal reports that retailers are heading into the holiday season with lackluster sales:

Retailers gave a mixed read on consumer spending heading into the key holiday season, with department store chain Kohl’s Corp. and Home Depot Inc. reporting weak sales, but discounter TJX Cos. continuing to log strong sales.

Advance sales were released on Friday. Here they are:

Vehicle sales have been declining on a year-over-year basis since 2011 and dropped again last month. In October they were 5.1 percent below October sales a year ago.

Retail sales are a little more encouraging. They dropped a bit in 2019, but have recovered since then. However, they dropped last month and are currently 2.9 percent above October of last year. That’s not rockin’ and rollin’, but it’s not too bad either.

As usual these days, the upshot is that the economy is doing OK, but not great. Eventually that will change, and mostly likely we’ll be unhappy about it.

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is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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