US Retail Sales Unexpectedly Shrink in August

US Retail Sales Retail sales in the United States fell 0.2 percent month-over-month in August of 2017, missing market expectations Retail sales in the United States fell 0.2 percent month-over-month in August of 2017, missing market expectations of a 0.1 percent rise and following a downwardly revised 0.3 percent gain in July instead of the initially reported 0.6 percent jump. It is the biggest drop in retail sales since February as auto sales declined 1.6 percent, most likely due to Hurricane Harvey. Excluding autos, retail sales increased 0.2 percent.

US Retail Sales Unexpectedly Shrink in August

 

5 out of 13 major retail categories declined in August while 9 increased.
Sales went down at motor vehicle and parts dealers (-1.6 percent); nonstore retailers (-1.1 percent); clothing (-1 percent); electronics and appliances (-0.7 percent); building material and garden equipment stores (-0.5 percent).

US Retail Sales

READ  Eurozone manufacturing PMI registered a rise in August
READ  AUDUSD FOREX EXCHANGE ROSE MIDDAY Monday August 21
READ  AUDUSD decreased 0.0016 or 0.21%
US Retail Sales Retail sales in the United States fell 0.2 percent month-over-month in August of 2017, missing market expectations
In contrast, sales rose in gasoline stations (2.5 percent); miscellaneous store retailers (1.4 percent); furniture and home furniture (0.4 percent); food and beverages (0.3 percent); food services and drinking places (0.3 percent); general merchandise stores (0.2 percent); health and personal care stores (0.1 percent); sporting goods, hobby, book and music stores (0.1 percent).
Excluding automobiles, gasoline, building materials and food services, core retail sales also declined 0.2 percent last month after a 0.6 percent gain in July.
Year-on-year, retail sales rose 3.2 percent.




Like up on FACEBOOK


logo

Social Media links

Facebook page  FOREXINVESTORS

TWITTER  @OPTIONEVOLUTION

NEXUS SOCIAL  JADTECNIC


Forex Quotes by TradingView

major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



Click here for reuse options!
Copyright 2017 Investors Buz

Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

Leave a Reply

Create Account



Log In Your Account



Dash_En