Retail sales data

stevenw

Retail sales in February were soft at the headline level but surprisingly strong at the core level. Overall retail sales fell back 0.1 percent in February, after a 1.8 percent rebound in January. The consensus had expected a 0.5 percent decline. Excluding motor vehicles, retail sales increased 0.7 percent, after a 1.6 percent gain in January. The ex-auto increase was much better than the market projection for a 0.2 percent slip. While gasoline sales were up sharply, this was not the only factor behind better sales. Excluding motor vehicles and gasoline, retail sales still posted a 0.5 percent advance after jumping 1.4 percent rebound the previous month.

http://bloomberg.econoday.com/by ... mberg&year=2009

dodo

thanks for sharing!!!

源济

Thanks!