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Director / Editor: Victor Teboul, Ph.D.
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Brisk Retail Sales Point to More Spending Zeal by US Consumers

U.S. retailers reported strong sales in October, a sign American consumers were spending with more gusto and could help keep the economy growing at a brisk pace. U.S. retail sales rose 0.5 percent last month when stripping out volatile elements like gasoline, autos, building materials and food services, according to the Commerce Department data released on Friday. That was the biggest increase since August and just above analyst expectations of a 0.4 percent gain. Revised data also...


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