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Retail sales: Difference between revisions
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* Control group sales which excludes food services, auto dealers, building materials stores and gasoline stations rose 0.4%, exceeding 0.2% estimate. | * Control group sales which excludes food services, auto dealers, building materials stores and gasoline stations rose 0.4%, exceeding 0.2% estimate. | ||
* The numbers are not adjusted for inflation. | * The numbers are not adjusted for inflation. | ||
=== December 2023 === | |||
* Retail sales rose 0.6% in December<ref>https://www2.census.gov/retail/releases/historical/marts/adv2312.pdf</ref>, the strongest pace in three months and above 0.4% estimate<ref>https://www.bloomberg.com/news/articles/2024-01-17/us-retail-sales-rise-by-most-in-three-months-to-cap-holidays?srnd=premium</ref>. | |||
* Excluding autos, retail sales rose 0.4%, higher than 0.2% estimate. | |||
* Control group sales which excludes food services, auto dealers, building materials stores and gasoline stations increased by 0.8%, above expectations for it to grow by 0.2%. | |||
* The numbers are not adjusted for inflation. | |||
* Stock futures were down following the report- S&P 500 futures fell 0.5%, Nasdaq Composite declined by 0.7% while Dow Jones Industrial Average dropped 0.4%. | |||
== References == | == References == | ||
<references /> | <references /> | ||