Investors have taken heart from recent U.S. economic reports that show a 7.1 percent rise in retail sales in October, the strongest surge on record, and a continued fall in the number of weekly jobless claims.
The University of Michigan’s monthly survey found that consumer sentiment bottomed out in August, raising expectations that American consumers will return to shopping malls and showrooms over Christmas.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.