US retail sales beat expectations in November

Core Viewpoint - U.S. retail sales showed a stronger-than-expected increase in November, driven by a rebound in motor vehicle purchases and increased household spending, indicating robust economic growth in the fourth quarter [1] Group 1: Retail Sales Performance - Retail sales in the U.S. increased more than anticipated in November, suggesting positive consumer sentiment and spending behavior [1] - The rebound in motor vehicle purchases significantly contributed to the overall increase in retail sales [1] - Households also increased spending in other areas, further supporting the growth in retail sales [1] Group 2: Economic Implications - The increase in retail sales points to solid economic growth for the fourth quarter, reflecting a resilient economy [1] - The data indicates that consumer spending remains a key driver of economic performance in the U.S. [1]