Americans may have slowed their spending in September after splurging during the start of the busy back-to-school shopping season in the month before. But they were still spending.
September sales rose 3.9 percent – a slowdown from the 6-percent rise in August – as 22 retailers, like Macy’s and Costco, reported mixed results, according to the International Council of Shopping Centers. Still, given the economic and political uncertainty that weighs on many Americans right now, analysts say the results are an encouraging sign for stores.
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