Breaking News, World News and Taiwan News.

US retail sales see rise of 1.1 percent in September

WASHINGTON -- Americans stepped up their spending at retail businesses in September, reflecting their growing confidence in the U.S. economy.

Retail sales rose 1.1 percent last month, the Commerce Department said Monday. That followed a 1.2 percent increase in August, which was revised slightly higher. Both were the largest gains since October 2010.

Sales rose in most major categories. Electronics and appliance store sales jumped 4.5 percent. The increase was driven in part by the latest iPhone, which Apple began selling last month. Sales at auto dealers increased 1.3 percent. Gas station sales also rose 2.5 percent, reflecting higher prices.

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search