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us Retail Sales

US Retail Sales Figures Prove Positive

Advance Retail Sales:  Survey:  1.1%   Actual: 1.1%   Prior:   0.4%    Revised:   0.6%

Retail Sales Less Autos:  Survey:  0.7%    Actual:  0.9%     Prior:  0.7%   Revised: 1.1%   

Retail Sales Ex Autos & Gas:   Survey:  0.5%    Actual:  0.6%   Prior: 0.6% Revised: 1.0%

US Retail Sales mixed. Empire Manufacturing worse than expectation

The Retails Sales rose by 1.4% for the month. Ex Autos was worse at +0.2% vs +0.4% expectations.  The prior month was revised lower to -2.3% from -1.5%. The less autos was also reduced slightly to +0.4% from +0.5%.  Car sales led the way with an increase of 7.4%.  Clothing Sales rose by 0.4%, Health stores rose by 0.5%, Restaurants increased by 1.2% for the first gains since may 2009,  and department store sales rose by 0.3% for the month. On the downside, furnitture and home sales fell by -0.8% and electronic sales fell by -0.6%. Building Materials also fell by a large -2.4% for the month.

The Empire Manufacturing index fell to 23.51 from 34.57 last month. The number last month was the highest since May 2004.

Canada Manufacturing Sales rose by 1.4%.

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