Auto rebound and holiday deals lift US retail sales in November
TL;DR
US retail sales rose 0.6% in November—the strongest gain since July—led by auto purchases and robust holiday shopping; excluding autos, sales rose 0.5%. Ten of 13 categories posted gains, indicating a still-resilient consumer entering the holiday season, aided by promotions and higher gasoline receipts.
- US Retail Sales Rebound on Car Buying, Holiday-Season Sales Bloomberg.com
- Retail sales rose more than expected in November CNN
- Holiday shopping season got off to good start, retail sales show. Economy is still chugging ahead. MarketWatch
- Gold holds above $4,630/oz after U.S. retail sales rise 0.6% in November KITCO
- U.S. Retail Sales Accelerate to 5-Month High as Shoppers Splurge on Holiday Spending TipRanks
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