.comment-link {margin-left:.6em;}

Economy

Economic Data (USA)

Thursday, May 11, 2006

U.S. Retail & Food Services Sales Report for April, 2006

The Commerce Department this morning released advanced estimates of U.S. Retail and Food Services Sales for April, 2006:

Consensus: +0.7%
Actual: +0.5%

Minus Auto Sales
Consensus: +0.8%
Actual : +0.7%


The above percentages represent the month-to-month change in total sales receipts for retailers that sell both durable and non-durable goods.

The "consensus" is what economists were expecting, while the "actual" is the actual or real figure.

Here's a snippet from today's Commerce Department report:

"The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for April, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $362.7 billion, an increase of 0.5 percent (±0.7%)* from the previous month and up 6.6 percent (±0.8%) from April 2005. Total sales for the February through April 2006 period were up 7.3 percent (±0.3%) from the same period a year ago. The February to March 2006 percent change was unrevised from 0.6 percent (±0.2%).

Retail trade sales were up 0.5 percent (±0.7%)* from March and were 6.6 percent (±0.8%) above last year. Gasoline stations were up 17.4 percent (±2.1%) from April 2005 and sales of nonstore retailers were up 13.3 percent (±4.3%) from last year."
Click here to view the full report.


--> www.FedPrimeRate.com Privacy Policy <--

>  SITEMAP  <

0 Comments:

Post a Comment

<< Home


bing

bing

www.FedPrimeRate.com
Entire Website © 2024 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.