Retail Sales: Largest Monthly Decline on Record in October
Retail Sales: Largest Monthly Decline on Record in October
Retail sales fell 2.8 percent in October, the fourth consecutive decline and well-below expectations. Excluding motor vehicles, sales fell 2.2 percent. Core retail sales, excluding gasoline stations, building materials and autos fell 0.5 percent. Gasoline station sales had the largest decline, 12.7 percent.
Retails Sales Fell as Prices […]
Retail Sales Show Record Decline In October
Retail Sales Show Record Decline In October
Retail Sales (Oct) Actual -2.8%, Expected -2.0%, Previous -1.3% (Revised from -1.2%)
Core Retail Sales (Oct) Actual -2.2%, Expected -1.1%, Previous -0.5% (Revised from -0.6%)
Import Prices (Oct) Actual -4.7%, Expected -4.3%, Previous -3.3% (Revised from -3.0%)
Release Explanation: This report measures the value of sales at the retail level, a very […]
Advance Retail Sales: Record Low
Advance Retail Sales: Record Low
Advance retail sales for the month of October declined -2.8% m/m and are down -3.3% y/y/. The core ex-autos estimate fell -2.2% m/m and is up 1.7% y/y. On a monthly basis ex-gas was down -1.5%, ex-autos and building materials have fallen -2.4%, ex-autos and gas -0.5% and ex-good service -3.1%. […]