Eric Painter » U.S. retail sales saw it’s biggest increase in 7 months with a 1.1% gain in September. This represents a 7.9% increase over September 2010. Sales of automobiles increased 3.6%, with nearly 1.1 million vehicles sold. The biggest auto increase in over a year. When factoring out the large increase in vehicle sales, retail sales still rose .6%, beating expectations.

U.S. retail sales saw it’s biggest increase in 7 months with a 1.1% gain in September. This represents a 7.9% increase over September 2010. Sales of automobiles increased 3.6%, with nearly 1.1 million vehicles sold. The biggest auto increase in over a year. When factoring out the large increase in vehicle sales, retail sales still rose .6%, beating expectations.

Filed under: Mortgage Blog by Ericp

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