March Advance Retail Sales Beat Expectations [Dow Jones Industrial Average, SPDR S&P Retail (ETF)]

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Here is the year-over-year performance of at Core Retail Sales.

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Here is an overlay of Headline and Core Sales since 2000.

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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.

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