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Retail sales: Difference between revisions
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!Market Reaction | !Market Reaction | ||
!Full Release | !Full Release | ||
|- | |||
|January 2023 | |||
|2024-2-15 | |||
|700,291 | |||
| -0.80% | |||
| -0.20% | |||
|0.65% | |||
|226,130 | |||
| -1.14 | |||
| -1.86 | |||
|0% | |||
|Link | |||
|- | |- | ||
|December 2023 | |December 2023 | ||
|2023-01-17 | |2023-01-17 | ||
|709,890 | |709,890 | ||
|0. | |0.40% | ||
|0.40% | |0.40% | ||
|5.59 | |5.59 | ||
| Line 31: | Line 43: | ||
|0.25 | |0.25 | ||
|2.21 | |2.21 | ||
| [https://www.cnbc.com/2024/01/16/stock-market-today-live-updates.html#:~:text=Stock%20futures%20were%20lower%20Wednesday,%25%20and%200.7%25%2C%20respectively. -2%] | |[https://www.cnbc.com/2024/01/16/stock-market-today-live-updates.html#:~:text=Stock%20futures%20were%20lower%20Wednesday,%25%20and%200.7%25%2C%20respectively. -2%] | ||
|[https://www2.census.gov/retail/releases/historical/marts/adv2312.pdf Link] | |[https://www2.census.gov/retail/releases/historical/marts/adv2312.pdf Link] | ||
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* The numbers are not adjusted for inflation. | * 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%. | * 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%. | ||
=== January 2024 === | |||
* Advanced retail sales fell 0.8% in January<ref>https://www2.census.gov/retail/releases/historical/marts/adv2401.pdf</ref> versus growth of 0.4% in December (revised down from 0.6%) and exceeding expectations<ref>https://www.bloomberg.com/news/articles/2024-02-15/us-retail-sales-drop-by-most-in-nearly-a-year-after-holidays</ref> for a 0.2% decline as consumers pulled back after the holiday season and due to severe winter weather. | |||
* Excluding autos, retail sales fell 0.6% below estimates for a 0.2% gain. | |||
* Control group sales which excludes food services, auto dealers, building materials stores and gasoline stations declined 0.4%, lower than estimates for a 0.2% increase. | |||
* The numbers are not adjusted for inflation which was up 0.3% on a monthly basis. | |||
* Stocks were unmoved by the weak numbers-S&P 500 futures rose 0.1%, Nasdaq Composite futures were flat while Dow Jones Industrial Average rose 0.2%<ref>https://www.cnbc.com/2024/02/14/stock-market-today-live-updates.html</ref>. | |||
== References == | == References == | ||
<references /> | <references /> | ||