Retail Sales Up Most in Four Months in January
Washington, DC, Feb. 14, 2012 -- U.S. retail sales rose in January by the most in four months, according to the Commerce Department.
Spending was higher at department stores, general stores and bars and restaurants.
Sales increased a seasonally adjusted 0.4% last month.
Most retailers actually saw a boost in sales, suggesting broader strength in the U.S. economy.
Excluding the auto sector, retail sales rose 0.7%, the highest level in 10 months.
Sales fell 1.1% at Internet and mail-order retailers, marking the biggest drop in almost three years. And sales for January fell slightly at health stores and home-furnishing outlets.