U.S. Retail Sales Rose 1.2% In October

(For October 2010)

U.S. retail sales rose 1.2% in October. The consensus was at 0.7%, September reading (revised up 0.1%) was at +0.7%. On year level retail sales are up 7.1%. Gains concentrated in auto sales; not reassuring report.

Chart 1. U.S. Retail Sales

Most notable gainers: Motor vehicle & parts dealers +5.0% m-o-m; building material & garden equipment +1.9%; Most notable losers: furniture & home furniture stores -0.7%; electronics & appliance stores -0.7%.

Chart 2. U.S. Retail Sales -Sectors

Autos taken out, the figure was an increase of 0.4% vs. consensus of 0.4%. Prior reading was revised to +0.3% (up 0.1%).

Chart 3. U.S. Retail Sales Less Autos

Autos and gas station taken out, the retail sales rose 0.4% vs. consensus of 0.2% growth. Prior reading was at +0.4%.

Chart 4. U.S. Retail Sales Less Autos and Gas Stations

This entry was posted on Monday, November 15th, 2010 at 8:39 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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