DJIA26089.61
LIVE-17.16(-0.07%)
NDX7479.11
LIVE-31.57(-0.42%)

Retail sales look strong, with a solid gain in May and upward revision to prior month

Friday, 14 June 2019 19:50 WIB Retail Sales Ekonomi AS

Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain. Retail sales increased 0.5% in May, with broad-based gains, the Commerce Department said Friday. Economists polled by MarketWatch had forecast a solid 0.7% gain. There was a big rise in auto sales, but the even when that was stripped out, retail sales rose 0.5%, the government said. Almost all categories showed gains in May. The only decline were food and beverage stores, department stores, miscellaneous stores and clothing. Electronic store sales jumped 1.1% in May. Health and personal care stores also...

Read more...

RECENT NEWS

Australia central bank ended an almost three-year pause last week, resuming interest rate cuts to try to drive the jobless rate down toward 4.5% -- its new estimate of full employment -- and revive inflation. The statistics bureau released the data...

The data published by the U.S. Bureau of Labor Statistics on Wednesday revealed that inflation, as measured by the Consumer Price Index (CPI), fell to 1.8% in May from 2% in April and fell short of the market expectation of 1.9%. With the initial...

Australia debt-laden households responded more with concern than enthusiasm to the Reserve Bank’s interest-rate cut, according to surveys conducted since last week’s move. Westpac Banking Corp.’s consumer sentiment index fell 0.6%...

The Office for National Statistics (ONS) showed on Tuesday, the UK's average weekly earnings, excluding bonuses, bettered expectations, arriving at 3.4% 3m y/y in April versus 3.3% last and 3.1% expected while the gauge including bonuses came in at...

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, with the overall industrial activity showing sluggishness in the month of April. Manufacturing output arrived at -3.9% m/m in Apr...

The U.S. created just 75,000 new jobs in May and employment gains in the prior two months were scaled back, offering more evidence that the economy is slowing. The unemployment rate was flat at 3.6%. The increase in new jobs was way below the...

The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican...

Global Economy

Europe

United States

The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he

Asia

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.