US Retail Sales Surge in November Driven by Automotive Sector

In an encouraging sign for the economy, U.S. retail sales saw a notable increase at the beginning of the holiday shopping season, primarily bolstered by the automotive industry. The latest figures revealed that retail sales climbed by 0.4% in October, outperforming analysts' predictions, which had forecast a more modest rise of 0.2%. This upward trend is a clear indicator of robust consumer demand as the holiday season approaches.

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