NEW YORK (AP) — Retail sales rose strongly in September, the fifth straight month of growth, as Americans spent more on clothing, cars and sporting goods.
U.S. retail sales jumped 1.9 percent last month, the U.S. Commerce Department said Friday. That’s more than double what was economists were expected. And it’s up from the 0.6 percent increase in August.
“Americans raced to the stores in September,” said BMO Capital Markets analyst Sal Guatieri, in a note to investors, adding that they were “buying just about everything in sight, especially clothing.”