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US retail sales grow for 5th month in a row

Retail sales have been recovering since plunging in the spring as stores and malls were ordered closed to help prevent the spread of the coronavirus.

October 16, 2020 / 19:30 IST
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Retail sales rose strongly in September, the fifth consecutive month of growth, as Americans spent more on clothing, cars and sporting goods.

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The US Commerce Department said Friday that retail sales jumped 1.9 percent last month. That's much better than the 0.8 percent rise economists expected. And it's up from an increase of 0.6 percent in August.

Retail sales have been recovering since plunging in the spring as stores and malls were ordered closed to help prevent the spread of the coronavirus.

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