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Retail Sales – May 2016

By |2016-06-21T13:47:54-04:00June 21st, 2016|Categories: Leading|Tags: |

Consumer spending proved to be the biggest surprise of April and is at least a pleasant surprise in May. Retail sales rose a very solid and better-than-expected 0.5 percent with strength evident, though to a less degree than in April, [...]

Retail Sales – August 2015

By |2015-09-15T11:20:10-04:00September 15th, 2015|Categories: Leading|Tags: |

Although headline retail sales increased by only 0.2% m/m in August, that gain was dragged down by a price-related 1.8% m/m fall in gasoline station sales. The overall change from this time last year was an increase of 2.2%. The [...]

Retail Sales – April 2015

By |2015-05-19T17:59:01-04:00May 19th, 2015|Categories: Coincident Indicators|Tags: , |

Consumer confidence may be strong but it still is not translating to strength for consumer spending. Retail sales were unchanged in April. Excluding autos, sales did rise but only barely at plus 0.1 and below expectations for 0.5 percent, while [...]

Retail Sales – February 2015

By |2015-03-18T09:07:37-04:00March 18th, 2015|Categories: Coincident Indicators|Tags: |

Retail sales dropped in February but gasoline prices are not to blame-rather auto sales. Retail sales in February declined 0.6 percent after decreasing 0.8 percent in January. The market consensus for February was for 0.3 percent gain. As expected from [...]

Retail Sales

By |2015-02-17T19:07:20-04:00February 17th, 2015|Categories: Coincident Indicators|Tags: |

Lower gasoline prices continue to tug down on retail sales. And consumers are not yet putting higher discretionary income into spending on non-gasoline categories of retail sales even as confidence has improved. Retail sales in January fell 0.8 percent after [...]

Retail Sales – October 2014

By |2014-12-06T14:19:58-04:00December 6th, 2014|Categories: Coincident Indicators, Economics|Tags: |

Retail sales in October were up despite downward headwinds from lower gasoline prices. Retail sales in October rebounded 0.3 percent after declining 0.3 percent in September.  Analysts forecast a 0.2 percent rise for October. Auto sales made a partial rebound [...]