U.S. Retail Sales Rose 0.4% In March
U.S. retail sales were reported up 0.4% in March vs. o.5% consensus. February reading was at +1.1% (revised from +1.1%). On year level retail sales are up 7.1%.
Global Macro Perspectives
U.S. retail sales were reported up 0.4% in March vs. o.5% consensus. February reading was at +1.1% (revised from +1.1%). On year level retail sales are up 7.1%.
MBA mortgage applications fell 6.7%; Prior reading was a fall of 2.0%; On year level MBA Basic Index is down 8.4%.