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Retail Sales Rise 1.1% in September
Retail sales rose 1.1% in September, the Commerce Department reported Monday.
The increase followed a revised 1.2% upturn in August that was higher than the originally reported 0.9% gain and the biggest gain since October 2010.
The September rise topped economists’ median forecast of a 0.8% increase, Bloomberg reported.
Purchases excluding automobiles rose 1.1%, Commerce said.
Almost all trucking operations depend on the health of retail sales because such sales involve nearly every type of cargo.
