April Advance Retail Sales 0.1% vs 0.4% Expected; Ex Auto 0.0% vs 0.6% (XRT)
(Updated - May 13, 2014 8:58 AM EDT)
April Advance Retail Sales 0.1% vs 0.4% Expected; Ex Auto 0.0% vs 0.6%
UPDATE - Statement from the U.S. Census:
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for April, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $434.6 billion, an increase of 0.1 percent (±0.5)* from the previous month, and 4.0 percent (±0.7) above April 2013. Total sales for the February 2014 through April 2014 period were up 3.3 percent (±0.5) from the same period a year ago. The February 2014 to March 2014 percent change was revised from +1.2 percent (±0.5) to +1.5 percent (±0.2).
Retail trade sales were up 0.2 percent (±0.5)* from March 2014, and 4.2 percent (±0.9) above last year. Auto and other motor vehicle dealers were up 10.5 percent (±3.2) from April 2013 and nonstore retailers were up 6.5 percent (±2.5) from last year.
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