US sales increases driving economy

US retail sales excluding cars rose in September following an August rise that was almost twice as much as reported a month earlier, the government said.

US sales increases driving economy

The gain was the fifth straight and suggests consumer spending helped the economy grow in the third quarter at the fastest pace in almost four years.

Purchases at the nation’s retailers, excluding car dealers, increased 0.3% last month to $244 billion, following a 1.2% gain in August, the Commerce Department said in Washington.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited