U.S. Retail And Food Services Sales Report for May 2018
The Commerce Department this morning released advanced estimates of U.S. Retail and Food Services Sales for May 2018:
Predicted: +0.4%
Actual: +0.823% (+$4,000,000,000)
The yellow-highlighted percentage represents the month-to-month change in total sales receipts for retailers that sell durable and non-durable goods, and retailers that provide food and beverage services.
=================
-- Previous Month (revised): +0.4%
-- Estimated Retail Sales During May 2018: $502,000,000,000
-- Change from 12 Months Previous: +5.9%
=================
The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
Predicted: +0.4%
Actual: +0.823% (+$4,000,000,000)
The yellow-highlighted percentage represents the month-to-month change in total sales receipts for retailers that sell durable and non-durable goods, and retailers that provide food and beverage services.
=================
-- Previous Month (revised): +0.4%
-- Estimated Retail Sales During May 2018: $502,000,000,000
-- Change from 12 Months Previous: +5.9%
=================
The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
Labels: food_services, hard_data, retail_sales
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