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Americans spent more last month — with one exception [Yahoo! Finance]
Last ebay inc. earnings: 4/29 04:15 pm
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US:NASDAQ Investor Relations: investors.ebayinc.com
According to the latest data from the U.S. Department of Commerce, retail sales across the country increased by in November, building on a revised 0.5% rise in October. One notable area of growth was sales at motor vehicle and parts dealers, which rose 2.6%. This increase was largely driven by a surge in vehicle repairs and replacements following damage caused by Hurricane Helen and Hurricane Milton this past fall. Meanwhile, non-store retailers saw 1.8% increase in sales. These e-commerce businesses , including companies like Amazon ( AMZN ) and eBay ( EBAY ), saw growth in categories such as sporting goods, books, hobby items, and musical instruments during the holiday shopping season . The hobby-focused stores saw a smaller, but positive, 0.9% increase. These figures reflect continued consumer interest in personal hobbies and non-essential purchases, despite inflation pressures. While online shopping surged , traditional brick-and-mortar stores faced challenges. Department s
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