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Poor Retail Sales Report Casts a Shadow on Domestic Spending Momentum

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 14, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Retail sales rose 0.1% M/M in September, below market expectations for 0.2%. August's figure was downwardly-revised from 0.2% to 0.0%. Strong sales at motor vehicle and parts dealers (+1.7%) were offset by lower sales at gasoline retailers (-3.2%), as the price of retail gasoline fell over 10% on on a seasonally-adjusted basis.[​IMG]

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