Retail sales soft in Jan – first back-to-back m/m drop since mid-12 Consumers not quite ready to do away with savings from low gas price XLY, RTH break out, betting consumers will end up spending gas windfall U.S. retail sales … Continued
U.S. retail sales jumped 0.7 percent month-over-month in November. Growth was well spread out – from cars to clothing to furniture to electronic items. Gasoline, of course, was down – down 0.8 percent m/m. But that drop was not sufficient … Continued
There was a lot of excitement early this week after U.S. retail-sales data were released. At 1.14 percent, month/month change in retail and food services was the highest since September 2012. ‘Motor vehicles & parts dealers’ helped a great deal … Continued