U.S. Retail Sales Rise

Posted October 14th, 2011 at 9:00 am (UTC-5)
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U.S. retail sales rose 1.1 percent in September, the largest increase in seven months.

Friday’s report from the Commerce Department shows much of the increase was due to rising auto sales.

Outside of transportation sales, retail sales in the overall economy gained six-tenths of a percent.

Experts watch retail sales because consumer demand drives about 70 percent of U.S. economic activity.