Nov. 12 (Bloomberg) -- American consumers increased their purchases of clothing, accessories and furniture in October and gained confidence this month, suggesting job growth may help the holiday shopping season.
Retail sales rose 0.2 percent after a 1.6 percent rise in September, the Commerce Department said in Washington. Purchases excluding autos rose 0.9 percent, the biggest jump since May, after a 0.8 percent gain that was more than first estimated.
``With job growth picking up and wage and salary gains accelerating, all the pieces are in place for the consumer to keep spending,'' said Tim McGee, chief economist at U.S. Trust Corp. in New York. ``It looks really good.''