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Retail sales point to stronger third-quarter consumer spending
Source: Reuters
(Reuters) - U.S. retail sales rose in September as Americans bought more cars and gasoline, while a gauge of consumer spending pointed to stronger-than-expected economic growth in the third quarter.
Retail sales increased 1.1 percent, the Commerce Department said on Monday, beating expectations after an upwardly revised 1.2 percent rise in August.
Retail sales outside of autos, gasoline and building materials -- a barometer of consumer spending known as core retail sales -- rose 0.9 percent last month
Read more: http://www.reuters.com/article/2012/10/15/us-retail-sales-idUSBRE89E0P320121015
Yay! Another good debate point for the President Tuesday night.
4 replies
= new reply since forum marked as read
= new reply since forum marked as read
I'm trying to do my part as much as I can... Patronizing local mom-and-pop restaurants over the corporate chains, etc.
