• Pete

Retail sales post big gain in September as consumers show unexpected strength PUBLISHED FRI, OCT 16

These are the key points by Jeff Cox of CNBC

  • Headline retail sales rose 1.9% in September, much better than the 0.7% Dow Jones consensus estimates.

  • Excluding autos, the gain was 1.5%, ahead of the 0.4% expectation.

  • Clothing and accessories led the gains while electronics was the only negative sector.\

Full Story https://www.cnbc.com/2020/10/16/retail-sales-september-2020.html?__source=newsletter%7Cbreakingnews

3 views0 comments

Recent Posts

See All

The Jobs Report was just a little under expectations. There were some bright spots though. You can get the details here https://www.cnbc.com/2022/04/01/jobs-report-march-2022-.html?__source=newsletter

The CME Group will be launching 20 Year Bond Futures March 7th see the details here: https://go.cmegroup.com/webmail/502091/1224989732/ebf2b06d9b9f415c0ba49e74fe72fcca05b716872c4dcb08a86bdcdd3eff65d9

A 6.2% spike in consumer prices is most in 30 years. Read more here https://www.cnbc.com/2021/11/10/consumer-price-index-october.html?__source=newsletter%7Cbreakingnews