Americans spent more on autos, furniture and clothing at the start of the crucial holiday shopping season, boosting retail sales for a sixth straight month. Retail sales rose 0.2 percent in November, the Commerce Department said Tuesday.
Retailers are reporting strong sales gains in November, boosted by a discount-fueled spending binge for the start of the holiday shopping season last weekend. Now, the challenge is to keep shoppers spending throughout the most important selling period of the year.
Retail sales were up in July, a rare bright spot among dim economic indicators. But consumers and investors being the way they are, the question on everyone's mind immediately becomes: Can August keep up the pace? We found out what the experts are saying.