
Retail sales rose a better-than-expected 0.6% in November as the holiday season kicked into gear
Shoppers increased their spending in November from October as holiday shopping kicked into full gear. Retail sales increased a better-than-expected 0.6% in November, following a revised 0.1% decline October, according to the Commerce Department in a report delayed more than a month because of the 43-day government shutdown. Retail sales rose 0.1% increase in September, but jumped 0.6% in July and August and 1% in June. The federal government is gradually catching up on economic reports that were postponed by the shutdown. Sales at clothing and accessories stores rose 0.9%, while online businesses had a 0.4% increase. Business at sporting goods and hobby stores was up 1.9%.
