Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

US Retail Sales Surge At Fastest Pace Since 2012 As Online Sales Soar

Courtesy of ZeroHedge. View original post here.

Despite a fourth monthly decline in real earnings, the good ol' American consumer is doing what she does best – consume. Retail sales surged 0.8% MoM (much better than expected) and 5.8% YoY – the best since March 2012.

Data beat across the board… except motor vehicles and parts dealers – everything else is surging. However, it is worth noting the spike in gasoline station spending – which accounted for a third of the surge MoM in the headline print… not exactly a positive spending scenario.

With online sales (nonstore retailers) dominating – up 2.5% MoM (biggest since July 2015), up 10.4% YoY.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!