» Retail Sales, Initial Claims, PPI: Strong Decision Economics

Retail Sales, Initial Claims, PPI: Strong

Posted December 13, 2012 by rvillareal

November retail sales meet expectations, rising 0.3% in total (Consensus: +0.4%; Decision Economics: +0.1%) and holding steady ex autos (Consensus: unch; Decision Economics: -0.4%), with revisions minimal.  But, compositionwise the report is probably stronger than expected, with the ex-autos, gasoline, and building materials total up 0.6%–with solid, or large, increases in most discretionary categories.

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