US retail sales rise 0.3 per cent

Written By Unknown on Kamis, 13 Desember 2012 | 22.34

AMERICANS spent more on cars, electronics and building supplies in November, and shopped more frequently online. The data suggests the economy is rebounding from disruptions caused by Superstorm Sandy.

The Commerce Department says retail sales rose 0.3 per cent in November, offsetting a 0.3 per cent decline in October. When excluding gas station sales, retail sales increased 0.8 per cent. The drop in gas station sales reflected lower prices.

The gains were widespread except at department stores, where sales dropped. That's a troubling development at the start of holiday shopping.

Still, sales at non-store retailers, which include online shopping, rose three per cent. That's the biggest monthly gain in 13 months.


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