The American economy — certainly the part that depends on consumers — appears to be picking up steam as the presidential campaign heads into its final weeks.
The latest bit of new economic information suggested people were spending more on almost everything. Retail sales climbed 1.1 percent in September, after declining 1.2 percent in August. “Spending was broad and very strong across the board,” says economist Chris Christopher at IHS Global Insight in Lexington.
Comments
Hey Steven, it's called Holiday shopping! Same reason for the bump in employment. Wait until January when the CC debt hits. Every year you get slight bump in Q4 on retail. Economics 101.
Hey genius, these numbers are from September, well before holiday shopping. They're not even Q4 numbers.