Economics
U.S. Retail Sales Probably Rose in November on Holiday Shopping
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Retail sales probably climbed in November as Americans bought more new cars and began their holiday shopping, helping to bolster the expansion heading into 2012, economists said before a report today.
The 0.6 percent gain in sales would follow a 0.5 percent October increase, according to the median forecast of 83 economists surveyed by Bloomberg News. Purchases excluding autos rose 0.4 percent after a 0.6 percent advance, the survey showed.