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Mon Oct 15, 2012, 09:15 AM

Retail sales point to stronger third-quarter consumer spending

Source: Reuters

(Reuters) - U.S. retail sales rose in September as Americans bought more cars and gasoline, while a gauge of consumer spending pointed to stronger-than-expected economic growth in the third quarter.

Retail sales increased 1.1 percent, the Commerce Department said on Monday, beating expectations after an upwardly revised 1.2 percent rise in August.

Retail sales outside of autos, gasoline and building materials -- a barometer of consumer spending known as core retail sales -- rose 0.9 percent last month


Read more: http://www.reuters.com/article/2012/10/15/us-retail-sales-idUSBRE89E0P320121015



Yay! Another good debate point for the President Tuesday night.

4 replies, 1490 views

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Reply Retail sales point to stronger third-quarter consumer spending (Original post)
titaniumsalute Oct 2012 OP
onehandle Oct 2012 #1
titaniumsalute Oct 2012 #3
Wednesdays Oct 2012 #4
ffr Oct 2012 #2

Response to titaniumsalute (Original post)

Mon Oct 15, 2012, 10:22 AM

1. We did our part. Bought new furniture, etc for our move to PA. Plus two iPhone 5s.

New clothes for my job. More winter wear for the 850 miles north we now are.

Oh, and beer. The beer is incredible up here and we've been trying all kinds of local craft beers.

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Response to onehandle (Reply #1)

Mon Oct 15, 2012, 10:41 AM

3. Yeah I am supporting the breweries quite well

In PA try Intercourse Brewing, Victory Brewing, and Pennsylvania Brewing (Pittsburgh.)

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Response to titaniumsalute (Reply #3)

Mon Oct 15, 2012, 11:04 AM

4. Buying locally? Yeay!

I'm trying to do my part as much as I can... Patronizing local mom-and-pop restaurants over the corporate chains, etc.

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Response to titaniumsalute (Original post)

Mon Oct 15, 2012, 10:26 AM

2. What?! More good news on the economy?

Who would have thunk, give the RW temper tantrums about the sky falling.

Let's win this thing people. Get Out the Vote. Vote early, vote overwhelmingly!

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