Retail sales up solidly in October as Americans showed continued willingness to spend ...Middle East

News by : (News10NBC) -
WASHINGTON (AP) — U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy’s steady growth. Retail purchases rose 0.4% from September to October, the Commerce Department said Friday, a solid increase though less than the previous month’s robust 0.8% gain. Auto dealers, restaurants and electronics stores all reported higher sales. Last month’s rise in retail purchases suggests that the economy is growing briskly again in the current October-December quarter, after having expanded at a sturdy 2.8% annual rate in the previous quarter. Since peaking at 9.1% more than two years ago, inflation has sunk to near-optimal levels. And American

Read More Details
Finally We wish PressBee provided you with enough information of ( Retail sales up solidly in October as Americans showed continued willingness to spend )

Also on site :

Most Viewed News
جديد الاخبار