June 2020 US retail sales report highlights:
- Prior was +17.7% (revised to +18.2%)
- Ex autos and gas +6.7% vs +5.0% expected
- Prior ex autos and gas +12.4% (revised to +12.1)
- Ex autos +7.3% vs +5.0% expected
- Control group +5.6% vs +4.0% expected
- Prior control group +11.0% (revised to +10.1%)
- Sales +1.1% y/y % vs -6.08% prior
- Full report
This is a good looking report notwithstanding the small revision lower in the prior data in the control group.
The year-over-year numbers tell you a lot more about the US economy right now than the m/m data. Overall sales are higher y/y and up 2.9% excluding gasoline. But within the numbers there are huge shifts.
