https://www.marketwatch.com/story/coming-up-u-s-retail-sales-11637068497Sales rose 4% last month at internet retailers, 3.8% at electronics and appliance stores and 2.2% at department stores to lead the way in October.
These increases show Americans still have plenty of appetite for most consumer goods even though they are paying higher prices.
Sales also climbed 1.8% at auto dealers, but partly because of record prices. Automakers can’t make enough cars to satisfy demand due to a global parts shortage. Auto sales account for about one-fifth of overall retail spending.
Gas prices also surged 3.9% last month because of higher oil prices.
