U.S. Retail Sales Rose 0.4% In August

(For August 2010)

U.S. retail sales rose 0.4% in August . The consensus was at 0.3%, June reading was revised down to 0.3%.  Autos taken out, the figure was  an increase of 0.6% right vs. consensus 0.3% growth. Prior reading was revised to 0.1%.

On year level retail sales are up 3.6%.

Gains, again, came mostly from a 1.9% increase in gasoline station sales. Also rising: food and beverage stores, health & personal care, clothing, sporting goods & hobby stores, general merchandise, nonstore retailers and food services & drinking places.

Declining: furniture & home furnishings, electronics & appliances , clothing, sporting goods & hobby stores, miscellaneous stores

Unchanged: building materials & garden equipment

Slightly positive report.

Chart 1. U.S. Retail Sales

U.S. Census Bureau

This entry was posted on Tuesday, September 14th, 2010 at 6:54 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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