U.S. retail spending strengthens

 

(CNN)– Americans are still opening their wallets despite years of elevated inflation.

According to fresh government data, spending at U.S. retailers climbed .4% in September from the prior month.

The largest increase was seen at specialty stores, clothing stores, and at health and personal care shops.

Sales at bars, and restaurants also rose 1% last month.

Meanwhile, sales of electronics and appliances plunged 3% from August.

Consumer spending makes up about 70% of the U.S. economy.

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