Items include

retail sales

Economic Indicators
Sep 14, 2023
Bottom Line:   Retail sales rose more than expected in August, with modest negative revisions to prior data that still left sales higher. Core sales were solid as online sales held flat after very strong gains in July amid Amazon's Prime...
Aug 15, 2023
Bottom Line:   Retail sales rose sharply more than expected in July, led by online sales amid Amazon's Prime Day and another jump in spending at restaurants and bars. Spending growth was modest to robust across nearly all categories except home...
Jul 18, 2023
Bottom Line:   Retail sales were slightly less than expected in June at the headline level. But core sales were in line to slightly stronger than expected. Moreover, there were modest upward revisions to prior data. Auto and parts dealers saw...
Jun 15, 2023
Bottom Line:   Retail sales were slightly stronger than expected in May, but the trend remained towards deceleration with downward revisions to prior data. Sales at auto and parts dealers were modestly higher than expected, driving the headline figure. Grocery store...
May 16, 2023
Bottom Line:   Retail sales rebounded less than expected in April, but net of revisions, sales were mainly in line with expectations. Auto sales rebounded only modestly after two months of sharp declines, while core sales, led by online, rebounded a...
Mar 15, 2023
Bottom Line:   Retail sales fell in line with expectations in February as core sales rose, beating expectations for a modest decline. Vehicle and gasoline sales led the headline decline, but continued robust online sales drove the control group higher. Sales...
Feb 15, 2023
Bottom Line:   Retail sales rose more than expected in January as core sales rebounded by 2.6% after falling in December. We should keep in mind, though, that seasonal factors are significant and have caused December to miss expectations and January...
Jan 18, 2023
Bottom Line:   Retail sales fell more than expected in December as core sales tumbled nearly 0.7% on the month, closing 2022 on a slow note. Among the "core" categories, online sales fell over 1%, while restaurants and bars saw sales...
Dec 15, 2022
Bottom Line:   Retail sales declined in November, coming in below expectations as the housing market took its toll on consumption. Sales at building and garden supply stores fell sharply, as did those at home furnishings stores. Online store sales, the...
Nov 16, 2022
Bottom Line:   Retail sales were stronger than expected, with core sales led by gains at online retailers as sales at restaurants and bars also accelerated. Despite the weakness in housing, sales at building and garden supply stores were higher, as...
Oct 14, 2022
Bottom Line:   Retail sales were flat at the headline level in September due to lower gasoline prices, but core sales rose as expected. Additionally, there were modest upward revisions to August data. At the headline level, autos and parts remained...
Sep 15, 2022
Bottom Line:   Retail sales rose slightly more than expected at the headline level, but core sales were lower than expected and saw downward revisions. After Amazon Prime Day boosted July sales, nonstore sales, the largest core category, fell 0.7% and...
Aug 17, 2022
Bottom Line:   Retail sales rose, a touch more than expected at the core level in July. While June sales were revised about two-tenths lower, May sales were revised higher by nearly half of a percent. Despite historic price inflation, real...
Jul 15, 2022
Bottom Line:   Retail sales rose more than expected in June and there were modest upward revisions to the previous data. Gasoline station sales led the headline gains with prices notably higher at the pump. Auto sales were also solid, rebounding...
Jun 15, 2022
Bottom Line:   Retail sales rose less than expected in May and there were negative revisions to April sales. Auto sales slumped amid higher prices and shortages of new car inventories. Gasoline station sales rose sharply, up nearly 4%, with higher...
May 17, 2022
Bottom Line:   Retail sales rose modestly more than expected in April, and there were upward revisions to prior data. At the headline level, gasoline station sales were lower after the slight dip in gasoline prices in April, but automotive sales...