There is good news for retailers looking to rack up sales before the holidays.
Retail sales jumped nearly 1.5 percent last month, which is almost half a percentage point higher than expected.
The boost is being credited to higher car sales.
Economists are closely monitoring consumer spending and saying it's a sign of recovery from the debilitating recession.
But there is some bad news for big U.S. charities.
A new survey says only 38 percent of Americans say they are more likely to give charitable gifts as presents this year.
That number is down from nearly 50 percent last year.
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Holidays could boost retail sales this year
Holidays could boost retail sales this year (Added: November 16, 2009)
There is good news for retailers looking to rack up sales before the holidays. (more)
There is good news for retailers looking to rack up sales before the holidays.
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Published: November 16, 2009
Published: November 16, 2009
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