The 1.6 percent increase September retail sales data reflected the recent surge in replacement-driven vehicle purchases and rising gasoline prices. While the topline increase overstates the underlying trend in overall sales, the data beneath the headline number still implies growing momentum in the consumer sector ahead of the critical holiday shopping season. U.S. household financial conditions have improved markedly since the Great Recession. Given the decline in the unemployment rate to 4.2…
from https://www.bizjournals.com/baltimore/news/2017/11/08/retail-sales-on-solid-path-ahead-of-critical.html?ana=RSS%26s=article_search
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