Comment on Retail sales up solidly in October as Americans showed continued willingness to spend

Retail sales up solidly in October as Americans showed continued willingness to spend

By CHRISTOPHER RUGABER and ANNE D’INNOCENZIO, Associated Press Business Writers WASHINGTON (AP) — Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth. Retail sales rose 0.4% from September to October, the Commerce Department said Friday, a solid increase though less than the previous month’s robust 0.8% gain. A 1.6% jump in sales at auto dealers drove much of the gain.

 

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