US: Retail sales for Aug 2017 were $474.8 bln, a decrease of 0.2% from July

Eren Sengezer FXStreet

"Advance estimates of U.S. retail and food services sales for August 2017 were $474.8 billion, a decrease of 0.2 percent from the previous month, and 3.2 percent above August 2016," the US Census Bureau announced on Friday.

Key quotes:

Total sales for the June 2017 through August 2017 period were up 3.2 percent from the same period a year ago.
The June 2017 to July 2017 percent change was revised from up 0.6 percent to up 0.3 percent.
Retail trade sales were down 0.3 percent from July 2017, and up 3.3 percent from last year.
Nonstore Retailers were up 8.4 percent (±1.6 percent) from August 2016, while Building Materials and Garden Equipment and Supplies Dealers were up 7.5 percent from last year.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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