WASHINGTON — Retail sales in the U.S. rose 0.8% in October compared to the previous month, boding well for strong holiday seasonal sales. Increased wages and stable hiring helped to drive the increase up beyond the expected 0.6%. Car sales and higher gas prices also contributed to the growth, but gains crossed several sectors including construction supplies and groceries. Meanwhile spending declined at furniture and department stores.
U.S. retail rises in October
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