April Core Retail Sales Were Just Revised From A 100% Beat To A Miss

When two weeks ago we reported on the core retail sales “beat”, we were surprised. Here’s why: “Retail sales ex autos were in line with expectations at -0.1%, on expectations of a -0.2% print, but it was the sales number ex-autos and gas which surprised the most, rising 0.6% on expectations of a +0…

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April Core Retail Sales Were Just Revised From A 100% Beat To A Miss