Image by Pieter Musterd via FlickrTwo news items suggest that there may be some progress towards economic recovery in North America. First the retail sales in the US ended up higher than expected in September.
Retail Sales in U.S. Climbed More Than Forecast in September
The automotive sector has come to the retailers' rescue in the US resulting in a 25-month high in September.
Second, the housing markets in Canada is showing some strength where the sales and the average price both inched up a bit.
Will these trends last in October and later in November so that one may look forward to strong sales for the December shopping season?
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