U.S. Retail Sales Picked Up in December on Motor Vehicle Demand
U.S. Retail Sales Rise 0.6% in December
This article is for subscribers only.
Sales at U.S. retailers accelerated in December on the heels of stronger demand for motor vehicles, capping a year of improvement for the nation’s merchants.
The 0.6 percent gain last month followed a revised 0.2 percent advance in November, Commerce Department figures showed Friday. For all of 2016, sales climbed 3.3 percent, exceeding the 2.3 percent advance a year earlier.