Despite the positive trend for the economy in recent months, many consumers are still pessimistic.
NEW YORK — Americans stepped up their spending even more than expected in December, closing out the holiday season and the year on an upbeat tone.
Retail sales rose 0.6% in December compared with November’s 0.3% increase, according to the Commerce Department’s report issued Wednesday. The report signaled that shoppers may be able to keep fueling economic growth this year.
Sales at stores selling general merchandise rose 1.3%, while sellers of clothing and accessories saw business up 1.5%. Online sellers posted a 1.5% uptick. Furniture and home furnishings businesses
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