U.S. Retail Sales Rose 1.1% In September

(For September 2011)

U.S. retail sales rose 1.1% in September vs. 0.7% consensus. August reading was at 0.3% (revised from 0.0%). On year level retail sales are up 7.9%.

Most notable gainers: motor vehicle & parts dealers +3.6%, clothing & clothing accessories +1.3%, gasoline stations +1.2%.

Most notable losers: sporting goods, hobby, book & music stores -0.3%, food & beverage stores -0.2%, building material & garden equipment -0.1%.

Autos taken out, the figure was an increase of 0.6% vs. consensus of 0.3%. Prior reading was revised to 0.5% (up 0.4%). On year level retail sales less autos are up 7.8%.

Autos and gas station taken out, the retail sales rose 0.5%. Consensus was at 0.4%. Prior reading was at 0.5% (revised up 0.4%). On year level retail sales less autos and gas stations are up 6.0%.

This entry was posted on Friday, October 14th, 2011 at 8:03 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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