Wednesday, December 14, 2016

US retail sales barely rise at start of holiday shopping

Americans increased their retail spending just slightly in November, a possible sign of lackluster holiday shopping.

Retail sales rose only 0.1 percent in November, after a downwardly-revised 0.6 percent growth in October, the Commerce Department said Wednesday.

Consumers bumped up their purchases at restaurants and furnishers last month. But they also trimmed spending at auto dealers and department stores, limiting the overall advance in retail sales.. . . more

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