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  • Retail Sales in the U.S. Increase More Than Forecast

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Retail Sales in the U.S. Increase More Than Forecast

Retail Sales in the U.S. Increase More Than Forecast

October retail sales in the U.S. rebounded more than anticipated as demand for autos climbed, easing concern households will curtail spending after government incentives ended. The 1.4 percent increase followed a 2.3 percent drop in the prior month that was much larger than previously estimated, making last month’s gain less impressive, Commerce Department figures showed today in Washington. Purchases excluding autos rose less than forecast. Bloomberg's Michael McKee reports. (Source: Bloomberg)

Bloomberg | November 16, 2009Watch more videos from Bloomberg

Tags:. .incentives. .rebounded. .mckee. .anticipated. .curtail

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