You are here


November core retail sales up more than expected

Cheaper petrol, good jobs market giving the holiday shopping season a boost


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,...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to