Aditya Bhave
Motor vehicles, electronic goods lift US retail sales in October
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.