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Americans ramped up retail spending a strong 1.7% last month

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WASHINGTON (AP) — Americans sharply boosted their spending last month, pushing up retail sales and giving the economy a lift.

Much of the gain reflected the fact that shoppers are also paying higher prices. Retail sales rose a seasonally adjusted 1.7% in October from September, the U.S. Commerce Department said Friday. That’s up from 0.8% in the previous month.

Solid hiring, strong pay raises, and healthy savings for many households are underpinning robust spending by U.S. consumers.

 

Source: AP – All contents copyright 2021 Associated Press. All rights reserved.

 

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Hogan announces steps to address anti-Asian hate crimes

ANNAPOLIS, Md. (AP) — Maryland Gov. Larry Hogan has announced actions to address anti-Asian hate crimes that have increased since 2019. The measures announced Monday are the product of a workgroup the Republican governor formed in April. They include enhanced safety and enforcement measures, increased access to community resources and additional tools for educators and students. As part of the public safety and enforcement component, the state will update training […]

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