May Retail Sales 0.3% vs 0.6% Expected, Ex-Auto 0.1% vs 0.4% (XRT)
(Updated - June 12, 2014 9:42 AM EDT)
May Retail Sales 0.3% vs 0.6% Expected, Ex-Auto 0.1% vs 0.4%
UPDATE - More from the Census Bureau release:
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for May, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $437.6 billion, an increase of 0.3 percent (±0.5) from the previous month, and 4.3 percent (±0.9) above May 2013. Total sales for the March 2014 through May 2014 period were up 4.3 percent (±0.7) from the same period a year ago. The March 2014 to April 2014 percent change was revised from +0.1 percent (±0.5) to +0.5 percent (±0.2). Retail trade sales were up 0.4 percent (±0.5) from April 2014, and 4.3 percent (±0.9) above last year. Auto and other motor vehicle dealers were up 11.1 percent (±3.2) from May 2013 and nonstore retailers were up 7.4 percent (±2.3) from last year.
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