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Retail Posts Rise on Boost From Surging Gas, Auto Sales
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Retail Posts Rise on Boost From Surging Gas, Auto Sales

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Retail Posts Rise on Boost From Surging Gas, Auto Sales

Retail sales rose in September as Americans bought more cars and gasoline, while a gauge of consumer spending pointed to stronger-than-expected economic growth in the third quarter.

More on CNBC...

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Yes heartening news indeed. The only disappointing data in today's US tranche is the Empire Manufacturing. But not sure how much emphasis you can put on a geographically narrow (New York only) measure on a sector that isn't particularly representative of that area (manufacturing).

Appreciate it’s a relative newly introduced measure, but is anyone successfully correlating it to broader or wider measures?

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