Pantheon Macroeconomics - The gap between the official measure of the rate of
growth of core retail sales and the Redbook chainstore
sales numbers remains bafflingly huge, but we have no
specific reason to expect it to narrow substantially with
the release of the April report today.

U.S. | 15 May 2019 Q2 Consumption on Course for 3%, Despite Auto Drag on April Retailing
The gap between the official measure of the rate of growth of core retail sales and the Redbook chainstore sales numbers remains bafflingly huge, but we have no specific reason to expect it to narrow substantially with the release of the April report today.

Sorry, but our website is best viewed on a device with a screen width greater than 320px. You can contact us at: info@pantheonmacro.com.

15 May 2019 Q2 Consumption on Course for 3%, Despite Auto Drag on April Retailing

By Ian Shepherdson

The gap between the official measure of the rate of growth of core retail sales and the Redbook chainstore sales numbers remains bafflingly huge, but we have no specific reason to expect it to narrow substantially with the release of the April report today.

Posted: 15th May 2019 in 'U.S.'

This document is only available to subscribers of our U.S. Economic Research.

Request a complimentary trial or login here

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release. To activate a complimentary trial on any of these areas, please click here.

U.S. Economic ResearchEurozone Economic ResearchLatin America Economic ResearchUK Economic ResearchAsia Economic Research

« Go back to publications list, or Click here to register for a complimentary trial
Consistently Right

Access Key Enabled Navigation

Keywords for: U.S. | 15 May 2019 Q2 Consumption on Course for 3%, Despite Auto Drag on April Retailing

auto sales, retail sales, core, redbook, industrial production, redbook chainstore sales, auto, building materials, gas, food, restaurants, core retail sales, total sales, fed chair powell, core sales, energy services, hourly earnings, industrial production, wages, small firms, payroll, mining production, coal extraction, empire state survey, china, pmi, caixin, markit, china, empire state index, pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent analysis, independent macroeconomic research, independent, analysis, research, economic intelligence, economy, economic, economics, economists, , Ian Shepherdson, financial market, macro research, independent macro research