Americans increased retail spending by 1.7% last month – The Denver Post

WASHINGTON – Americans increased their spending significantly last month, pushing up retail sales and boosting the economy. Much of the gain reflected the fact that shoppers also pay higher prices.

Retail sales rose a seasonally adjusted 1.7% in October from September, the U.S. Department of Commerce said Tuesday. That is an increase from 0.8% in the previous month.

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