US retail sales rose 1.3% last month, a sign of resilience
US retail sales rose 1.3% last month, a sign of resilience
WASHINGTON (AP) — Americans stepped up their spending at retailers, restaurants and auto dealers last month, a sign of consumer resilience as the holiday shopping season begins amid painfully high inflation and rising interest rates.
The government said Wednesday that retail sales rose 1.3% in October from September, up from a flat reading in September from August. The increase was led by car…
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