Industry News

Retail Sales Rose Last Month, a Sign of Resilience

Retail Sales Rose Last Month, a Sign of Resilience

By Christopher Rugaber | The Associated Press | November 16, 2022 | Reprints | Unlock Link

Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday shopping season begins amid painfully high inflation and rising interest rates. The government said Wednesday that retail sales...