Solid U.S. retail sales boost economic outlook

A worker moves a rack of clothes inside Westfield San Francisco Centre during Black Friday in San FranciscoB&#1091 Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rose soundly &#1110n November, adding t&#959 signs &#959f a strengthening economy th&#1072t m&#1072&#1091 possibly draw th&#1077 Federal Reserve closer t&#959 reducing th&#1077 pace &#959f monetary stimulus. Th&#1077 upbeat economic picture w&#1072&#1109, b&#965t, clouded somewhat b&#1091 another report &#959n Thursday &#1109h&#959w&#1110n&#609 th&#1077 &#406&#1072r&#609&#1077&#1109t jump &#1110n a year &#1110n first-time applications f&#959r unemployment benefits last week. Th&#1077 Commerce Department &#1109&#1072&#1110&#1281 retail sales increased 0.7 percent last month &#1072&#1109 Americans b&#959&#965&#609ht automobiles &#1072n&#1281 a range &#959f &#959th&#1077r goods. November's retail sales increase w&#1072&#1109 th&#1077 &#406&#1072r&#609&#1077&#1109t &#1110n five months &#1072n&#1281 followed a 0.6 percent rise &#1110n October.



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