Retail Sales Gain Points To Fourth-Quarter Growth
Lynne Sladky/AP
Retail sales increased even though department stores and specialty clothing store sales fell in October.
Americans spent more on autos, electronics and building supplies in October, pushing retail sales up for a fifth straight month. The report suggests the economy maintained solid growth at the start of the fourth quarter.
Retail sales increased 0.5 percent, the Commerce Department said Tuesday.
Healthy auto sales helped. But even without them, sales rose 0.6 percent the
Retail sales increased even though department stores and specialty clothing store sales fell in October.
Americans spent more on autos, electronics and building supplies in October, pushing retail sales up for a fifth straight month. The report suggests the economy maintained solid growth at the start of the fourth quarter.
Retail sales increased 0.5 percent, the Commerce Department said Tuesday.
Healthy auto sales helped. But even without them, sales rose 0.6 percent the
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