Retail Sales Positive Surprise (I’ve Been Told So…)

March 12th, 2010 by Belisarius

Just for the record retail sales rose 0.3% in February (courtesy of weather adjustment; without that we would have -0.1%) . The consensus was at -0.2%, January reading at 0.5%.  Autos taken out, the figure was 0.8%; the consensus was at 0%; prior reading at 0.6%.

Chart 1. U.S. Retail sales

Source: Bloomberg

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