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November core retail sales up more than expected
Cheaper petrol, good jobs market giving the holiday shopping season a boost
Add BT as a preferred sourcePublished Thu, Dec 11, 2014 · 09:50 PM
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Washington
US CONSUMER spending advanced at a brisk clip in November as lower petrol prices gave the holiday shopping season a boost, offering the latest sign of underlying momentum in the economy.
The Commerce Department said on Thursday that retail sales excluding automobiles, petrol, building materials and food services, increased 0.6 per cent last month after an unrevised 0.5 per cent rise in October.
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