KKTV - Economy - Headlines

US Retail Sales Jumped 1.1 Percent In September

By: AP
By: AP

U.S. retail sales rose sharply in September, reflecting higher consumer confidence and improvement in the job market. Consumers bought more cars, gasoline and electronics.

The Commerce Department says retail sales rose 1.1 percent in September after a 1.2 percent in August, which was revised higher. Both increases were the largest since October 2010.

Electronics and appliance store sales rose 4.5 percent, in part because Apple released its latest iPhone last month. Sales increased 1.3 percent at auto dealers and 2.5 percent at gas stations, reflecting higher prices. Excluding autos and gas, sales were still up a solid 0.9 percent in September.

There were gains in most areas although department stores saw a 0.2 percent drop following no change in August.


KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.

If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.

powered by Disqus
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 174174821 - kktv.com/a?a=174174821