Retail sales continue slow growth


Retail sales increased in October for the fifth straight month, but only by 0.5%.

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Retail sales increased in October for the fifth straight month, but only by 0.5%.

Consumers spent more on electronics, appliances, hardware and building supplies. Sales also rose at grocery stores, bars and restaurants and health care stores.

Sales at department stores and specialty clothing stores fell.

Overall, the data were encouraging. Economists said the sales suggest the economy is growing at roughly the same 2.5 percent annual pace as the July-September quarter.

Read more at OregonLive.com.

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