New Economy Reports Show More Cars and Clothes Bought In September

    There are two new reports out on the economy.

    FOX News Radio’s Dave Anthony reports:

    We bought more cars and clothes last month and dined out more, but Americans also paid less at the gas pump… And that put a damper on overall U.S. retail sales, rising just .1%. 

    How much cheaper is gasoline? Nearly 17% on a wholesale level keeping a lid on inflation.

    In another Government Report that shows producer prices dropped a half percent in September and are down more than a percent from one year ago.

    Inflation and consumer spending are two things the Federal Reserve keeps monitoring as it considers when to raise interest rates.

    Dave Anthony, FOX News Radio.

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