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US Retail Sales Preview: Consumer confidence equals sales
The US Census Bureau will issue its advance report on Monthly Sales for Retail and Food Services for August on Friday September 13th at 12:30 GMT, 8:30 EDT. Retail sales are projected to rise 0.2% in August following July’s 0.7% increase. Sales minus automobiles are expected to add 0.1% after the prior increase of 1.0%. The control group, sales minus building materials, motor vehicles and parts and gasoline and food service spending, which is the personal consumption expenditure of the GDP calculation from the Bureau of Economic Analysis, is forecast to climb 0.3% after July’s 1.0% Retail sales have been ... (full story)