Retail Sales Rise Much More Than Expected In Broad Advance

U.S. retail sales rose more than forecast in November and the previous month was revised higher, indicating a broad strengthening of consumer demand as the holiday shopping season got under way, according to Commerce Department figures released Thursday.

Highlights Overall sales climbed 0.8% vs. the estimated 0.3% gain. That follows a 0.5% October gain, revised up from 0.2%. Sales excluding motor vehicle dealers increased 1% after an upwardly revised 0.4% gain. Core retail sales  — used...

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