The data should temper the market’s concern about growth that has triggered calls for a 50 basis-point cut in the Federal Reserve’s policy rate at its meeting this week. … READ MORE >
U.S. retail sales
Retail sales were unchanged in June but still exceed forecasts
While the economy is cooling down, we believe that the concerns over the so-called death of the American consumer have been exaggerated. … READ MORE >
Retail sales and industrial production rise in May
The soft rebound in May’s retail sales was good news, suggesting that the economy might reach a soft landing sooner than expected. … READ MORE >
CPI resumes disinflationary trend in April amid weakened retail sales
Overall CPI inflation rose by 0.3% in April, while core inflation—which excludes food and energy—also rose by 0.3%. This helped bring the year-over-year headline inflation down to 3.4% and core inflation to 3.6%. … READ MORE >
U.S. retail sales show surprising resilience
Total retail sales jumped 0.7% on the month, while February’s number was revised up to 0.9% from 0.6%. … READ MORE >
U.S. retail sales in February grew at the fastest rate since September
Once the seasonal factors in January’s data faded away, overall spending at retail stores, restaurants and online remained solid as consumers continued to benefit from a strong labor market and growing incomes. … READ MORE >
U.S. retail sales fall in January as holiday hangover sets in
In a break from recent years, ,American consumers began the year on a weak note as retail sales fell 0.8% on a monthly basis in January, according to Census Bureau data. … READ MORE >
Retail sales and industrial production point to a strong end of the year
Retail sales blowing past expectations while industrial production volume stayed solid, according to government data released Wednesday. … READ MORE >
U.S. retail sales grew by more than expected in November
Sales increased by 0.3% on the month or by 5.9% on a three-month moving average annualized pace. … READ MORE >
Retail sales and producer inflation fall in October
The data for October’s retail sales and producer inflation has raised the probability of a soft landing by a significant margin. … READ MORE >