US retail sales jump 0.8 pct. in sign of consumer health
WASHINGTON (AP) — American consumers ramped up their spending last month in a sign of robust health heading into the crucial holiday shopping season.
Steady hiring and emerging signs of solid pay increases have made Americans more confident and willing to spend.
Sales of home and garden supplies also rose 1.1 percent in October, a positive sign that more Americans are remodeling and expanding their homes.
Grocery stores, health and personal care outlets, sporting goods retailers, clothing stores, and online and catalog retailers all reported strong sales.
Online and catalog retailers are continuing to seize market share from older-line outlets such as department stores.