Economic Watch: Retail Sales Jump the Most in Five Months
The 0.7% gain from the month before comes as figures for October were upwardly revised from an earlier reported 0.4% jump to a 0.6% increase. Year-over-year retail sales are up 4.7%.

Photo: Evan Lockridge
Retail sales in the U.S. increased in November by the most in five months, according to the U.S. Commerce Department.

Photo: Evan Lockridge
The 0.7% gain from the month before comes as figures for October were upwardly revised from an earlier reported 0.4% jump to a 0.6% increase. Year-over-year retail sales are up 4.7%.
The hike was broad based, but was helped by a 1.8% surge in new auto sales. When auto sales are removed, retail sales for November increased 0.4%. Other sectors seeing big gains are sales of furniture, moving up 1.2% and sales of electronics and appliances, picking up 1.1%. Online and catalog sales posted its biggest hike in nearly a year and a half, adding 2.2%.
The November report includes the all important “Black Friday” shopping day after Thanksgiving, but not “Cyber Monday” on Dec. 2.
“A better-than-expected November retail sales report, in part because so many were bracing for modest disappointment which lowered the bar of expectations,” said Lindsey Piegza, chief economist for the investment firm Sterne Agee. “We continue to see consumers dramatically shift the goods in their basket from month to month, rather than simultaneous strength across all categories. Last month it was apparel, electronics and miscellaneous sales, this month its building materials and non-store retailer purchases.”
She notes on an annual basis the consumer still appears to be losing momentum with growth falling from a peak of near 9% in 2011 and remaining stagnant for the past two years at an average of under 5%, however temporary reprieve from pump prices, and a lingering wealth effect from rising home prices and record-high equity markets have helped support consumer confidence and consumer spending.
“Going forward, however, temporary factors can only do so much,” Piegza says. “Consumers will need sustained job creation and income growth, which unfortunately do not go hand in hand.
Consumer spending is a closely watched indicator about the overall health of the American economy because it drives nearly 70% of all economy activity.
More Fleet Management

How Telematics Improves Visibility, Control, and Performance in Refrigerated Fleets
Explore how telematics help refrigerated fleets improve visibility, uptime, efficiency, compliance, and cargo protection across connected cold chain operations.
Read More →
What the U.S.-Canada Trade War Means for Trucking
Escalating U.S.-Canada tariffs could disrupt cross-border freight, reduce truck volumes, raise costs, and create new uncertainty for carriers on both sides of the border.
Read More →
What Are Trucking’s Top Concerns for 2026?
The American Transportation Research Institute wants to know what's worrying trucking fleet managers, drivers, and other stakeholders in its annual Industry Issues survey.
Read More →
American Trucking Associations Looks for a New Leader
ATA President and CEO Chris Spear abruptly left his job at the association on August 21, at a pivotal time for the trucking industry.
Read More →
Public Wi-Fi Cybersecurity Risks: How Truck Drivers and Fleets Can Protect Their Data
Public Wi-Fi can expose truck drivers and fleets to credential theft, malware, and other cyber threats. Here’s how to reduce the risk on the road.
Read More →
For Nicky Cupp, Fleet Innovation Starts With Frustration
HDT Truck Fleet Innovator Nicky Cupp turns everyday pain points at Fraley & Schilling into opportunities for better technology and smarter processes.
Read More →
Adam Buttgenbach’s Approach to Electric Trucks: Start With Where They Fit
HDT Truck Fleet Innovator Adam Buttgenbach helped PepsiCo build one of North America’s largest EV fleets by focusing on where electric trucks make operational sense.
Read More →
Deen Albert: Let Automation Do the Math, People Make the Decisions
HDT Truck Fleet Innovator Deen Albert makes sure people are still at the heart of operations at Grand Island Express, even while adopting artificial intelligence tools. AI-assisted dispatch helped boost revenue 25% with the same number of trucks.
Read More →Trimble’s New AI Agent Takes Aim at Fleet Back-Office Busywork
Arc Agent works across Trimble TMS products to automate repetitive tasks such as freight orders, maintenance, invoices, fuel costs and more.
Read More →
How HDT’s 2026 Truck Fleet Innovators Are Rethinking Fleet Operations
Meet five trucking leaders who are challenging assumptions, solving operational problems, and putting innovative ideas to work.
Read More →

