Retail Sales Up 0.1% in November

Washington, DC, December 13--Retail sales in November increased 0.1%, according to the Commerce Department. Excluding automobiles, sales for the month rose solid 0.5%. The results surprised economists, who had forecast flat results in overall sales and a 0.2% increase excluding cars. Retail sales in October were revised up to 0.8% in October. The Commerce Department in its first estimate had pegged the increase as 0.2%. Sales excluding automobiles in October were up 1.1%. November gasoline station sales rose 1% after increasing 5.3% in October. Sales of building material and furniture both increased 1.1 percent during the month.