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US Advance Monthly Sales for Retail and Food Services, April 2018
Advance estimates of U.S. retail and food services sales for April 2018, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $497.6 billion, an increase of 0.3 percent (±0.4 percent)* from the previous month, and 4.7 percent (±0.5 percent) above April 2017. Total sales for the February 2018 through April 2018 period were up 4.6 percent (±0.5 percent) from the same period a year ago. The February 2018 to March 2018 percent change was revised from up 0.6 percent (±0.5 percent) to up 0.8 percent (±0.2 percent). Retail trade sales were up 0.4 percent (±0.5 ... (full story)
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U.S. April Retail Sales Gain Points to Healthier Second Quarter
U.S. retail sales rose for a second month in April in broad fashion as bigger after-tax paychecks helped compensate for rising fuel costs, signaling consumer demand was off to a good start this quarter. The value of sales increased 0.3 percent, matching the median forecast, after a 0.8 percent advance in the prior month that was stronger than initially reported, Commerce Department figures showed Tuesday. So-called retail-control group sales, which are used to calculate gross domestic product and exclude food services, auto dealers, building materials stores and gasoline stations, improved 0.4 percent after an ... (full story)
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