#116 - Consumer Spending Building Momentum

September retail sales increased 0.4% from August and the third consecutive month over month (MoM) it has increased.  The 0.4% is substantially higher than August’s 0.1% monthly increase.  Even though retail sales have increased six of the past nine months this year, overall total retail sales are still less than previous years.   Listen in this issue our views on this report and the prospects for the future of the economy and stock market.