U.S. Retail Sales Rose 1.0% In February

(For February 2011)

U.S. retail sales were reported at 1.0% in February, right at consensus. January reading was at +0.7% (revised from +0.3%). On year level retail sales are up 8.4%.

Most notable gainers: motor vehicle & parts dealers +2.3%, miscellaneous store retailers +2.0% m-o-m, gasoline stations +1.5%; Most notable losers: health & personal care stores -0.3%; non-store retailers -0.3%.

Autos taken out, the figure was an increase of 0.7% vs. consensus of also 0.7%. Prior reading was revised to +0.6% (up 0.3%). On year level retail sales less autos are up 5.7%.

Autos and gas station taken out, the retail sales rose 0.6%. Prior reading was at +0.5% (revised up 0.3%). On year level retail sales less autos and gas stations are up 4.9%.

This entry was posted on Friday, March 11th, 2011 at 1:25 pm 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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