- Prior was -0.6%
- Ex autos +1.3% vs +1.5% expected
- Prior ex autos -0.2%
- Ex autos and gas +1.5%
- November advance flash estimate +1.2%
- October sales up in 7 of 11 subsectors
- New auto sales +2.8% after two months of declines
- Building material and garden equipment +3.2%
- Sporting goods, hobby, book and music stores +17.5% as sports resumed in the fall
- E-commerce -0.9% m/m and +4.2% y/y
These numbers point to a healthy holiday season but I suspect shopping was pulled earlier this year so we'll see some payback in December. USD/CAD has been little changed since the release.
