Keeping you up to date on the latest data releases.
- Retail Sales
Retail sales continued to improve in September, rising 0.6 percent (nonannualized) in September, following an upwardly revised 0.7 percent gain in August. Increases were fairly broad-based in September, with autos (up 1.6 percent), electronics & appliance stores (up 1.5 percent), and miscellaneous store retailers (up 1.4 percent) leading the way. On a year-over-year basis total retail sales jumped up from 4.1 percent to 7.3 percent during the month. “Core” retail sales—sales excluding autos, building supplies, and gas stations—also showed some relative strength, rising 0.4 percent in September after jumping up 1.0 percent in August (which was revised up from 0.6 percent).