Retail Sales for September m/m, +2.7%
- expected +0.8%, prior +0.2%
Retail Sales for September y/y, +2.3%
- expected +0.9%, prior +1.9%
Retail sales rising at the fastest pace since March. Retail sales have been soft after the sales tax hike on April 1 … but a decent jump in September. Consumer spending gradually improving.