US retail sales advance for August 2020
– Retail sales advance 0.6% vs. 1.0% estimate. Prior revised to 0.9% from 1.2%.
– Retail sales control group -0.1% vs. +0.3% estimate
Disappointing numbers for retail sales. The control group retail sales (which excludes food services, car dealers building materials stores and gasoline stations) is part of GDP calculation