Pantheon Macroeconomics - April's impressive-looking retail sales numbers--the headline jumped 1.3%, with non-auto sales up 0.8%--were boosted by two entirely separate factors, one of which will play no p art in May and one which will offer very modest support. The key lift in April came from the very early Easter, which confounded the seasonal adjustments, as it usually does.

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14 June. 2016 May Sales Will Be Less Impressive than April's but Good Enough

By Ian Shepherdson

April's impressive-looking retail sales numbers--the headline jumped 1.3%, with non-auto sales up 0.8%--were boosted by two entirely separate factors, one of which will play no p art in May and one which will offer very modest support. The key lift in April came from the very early Easter, which confounded the seasonal adjustments, as it usually does.

Posted: 14th Jun 2016 in 'U.S. Documents'

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Keywords for: U.S. Documents | 14 June. 2016 May Sales Will Be Less Impressive than April's but Good Enough

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