Tuesday 16 October 2012

Retail sales rise 1.1% in September, beating expectations

The month-over-month gain and a revised increase in August offset drops in the second quarter. It's also raising hopes for a good holiday shopping season.

With the holiday season fast approaching, shoppers may be shaking off concerns about looming economic problems and opening their wallets to spend.


Source: http://feeds.latimes.com/~r/latimes/business/~3/coVBDS1Oq_g/la-fi-retail-sales-20121016,0,619644.story

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