Retail sales September 2020

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Consumers spent at a much faster pace than expected in September, with retail sales rising 1.9% in a sign that the U.S. economy’s biggest driver remains healthy.

Economists surveyed by Dow Jones expected sales to rise 0.7%, up from a 0.6% rise in August.

Excluding autos, the gain amounted to 1.5%, which also was better than the 0.4% estimate.

Clothing and accessories led the gains, rising by 11%, while sporting goods, music and books jumped 5.7%. Electronics and…



Source cnbc.com

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