Manonthestreet
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- May 20, 2014
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WASHINGTON (Reuters) - U.S. retail sales increased more than expected in November as the holiday shopping season got off to a brisk start, pointing to sustained strength in the economy that could pave the way for further Federal Reserve interest rate hikes next year.
Retail sales accelerated 5.8 percent on an annual basis. Economists polled by Reuters had forecast retail sales increasing only 0.3 percent in November.
U.S. retail sales surge; weekly jobless claims fall
Economic snowball is rolling.......... Trump = malaise away
Retail sales accelerated 5.8 percent on an annual basis. Economists polled by Reuters had forecast retail sales increasing only 0.3 percent in November.
U.S. retail sales surge; weekly jobless claims fall
Economic snowball is rolling.......... Trump = malaise away