U.S. retail sales top estimates as core measure up most in year

U.S. RETAIL SALE increased 4.2 percent year over year in November./ BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
U.S. RETAIL SALE increased 4.2 percent year over year in November./ BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
NEW YORK - United States retail sales topped forecasts in November as a key measure jumped by the most in a year and October figures were revised higher, indicating consumers are giving a bigger boost to the economy than expected this quarter. The value of overall sales rose 0.2 percent after a 1.1 percent increase…
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