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US March retail sales revised to -0.6% from -1.0%

US March retail sales revised to -0.6% from -1.0%
The US Commerce Dept has issued benchmark revisions to retail sales and that's led to a positive change to the March data.Retail sales -0.6% vs -1.0% initiallyEx autos to -0.4% vs -0.8% initiallyEx autos and gas -0.3% vs -0.3% initiallyEx autos, gasoline, building materials and food service -0.3% vs -0.3% initiallyBenchmark revisions are always tricky because that positive revisions to the latest month are likely accompanied by negative revisions elsewhere. Still, it doesn't show quite the same... Read More
Posted: Apr 24 2023, 14:16
Author Name: forexlive
Views: 110795

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