Here is the year-over-year performance of at Core Retail Sales.
Here is an overlay of Headline and Core Sales since 2000.
After the March Consumer Price Index is released tomorrow, we’ll take a more detailed look at retail sales adjusted both for inflation and population growth.
Bottom Line: The Advance retail sales, both headline and core, came in better than expected in March, which is a hopeful sign that the winter slump was indeed weather related.
This article is brought to you courtesy of Doug Short from Advisor Perspectives.