U.S. Retail Sales Increased 1.4% in October
November 16, 2009 by admin
U.S. retail sales increased 1.4% in October, above the 0.9% rise projected by Wall Street. The jump came on rebounding demand for cars, a sign the economy kept recovering despite climbing unemployment. Aside from automobiles in October, other sales rose just 0.2%.
The Commerce Department said September sales were revised down to a 2.3% decrease from a previously estimated 1.5% tumble.




Comments
Feel free to leave a comment...