Content Section
CHA-CHING Retail Sales Jump 1.1 Percent Frederic J. Brown / AFP-Getty Images

Retail Sales Jump 1.1 Percent

Who says expensive gasoline is a bad thing? Retail sales surged 1.1 percent in September from August, better than analysts’ expectations. Sure, higher gas prices accounted for a chunk of the gain. But the data suggest that jobs growth, rising home values, and higher consumer confidence is supporting more robust consumer spending.

October 15, 2012 8:51 AM