Retail sales rose 1.1% to $395.5 billion in September—the biggest jump since February. The government also revised upward sales numbers for July and August.
This while unemployment is
stuck above 9%, the mood of consumers has plunged to recessionary levels and Thomson Reuters/University of Michigan's index of consumer sentiment, released Friday, dropped to 57.5 in early October
from 59.4 at the end of September.
Read the whole story at Wall Street Journal »