Scribbles

[Bryan (a.k.a. Bryan)]

RETAIL SALES !!!


Take a real good look. This is a 180 degree turn from last months report!! Even the core report (ex-autos) was higher than expected. This should be a great psychological boost for the consumer. Let's hope it lasts through the holiday shopping season.

Every component that got whacked last month is up significantly: building equip, clothing, sporting goods, non-store retailers, food/drink, etc. And of course, take a look at what zero percent financing does for autos (up 26.4%)!

Rock on,
-B

 
  
    WASHINGTON, Nov 14 (Reuters) - Commerce Department 
  seasonally  adjusted data on U.S. retail sales. 
  
 Percent Changes:        Oct     Sep   Rev From  Oct01/00 
 Retail Sales             7.1    -2.2    -2.4        7.5 
 Excluding Autos          1.0    -1.5    -1.6        1.6 
 Motor vehicles/parts    26.4    -4.5    -4.6       25.9 
 Furniture/home furn     -0.5    -4.2    -1.5       -4.3 
 Electronics/appliances   0.7    -1.4    -1.7       -0.4 
 Building/garden equip    2.8    -2.6    -2.2        7.4 
 Food/beverage            0.3     0.5     0.4        3.3 
   Grocery stores         0.2     0.6     0.5        3.1 
 Health/personal care     1.7     0.3     0.8        8.5 
 Gasoline stations       -6.4     2.8     3.0       -8.0 
 Clothing/accessories     6.9    -5.9    -5.9       UNCH 
 Sporting goods/hobbies   3.0    -2.2    -1.5       11.1 
 General merchandise      0.7    -0.5    -0.4        1.9 
   Department stores      0.6    -1.6    -1.6       -2.0 
 Misc store retailers     1.6    -2.5    -1.9        2.2 
 Non-store retailers      4.4    -7.0    -8.0       -9.1 
 Food/drink services      1.4    -2.5    -5.1        3.5 
    
  Billions of Dlrs:        Oct     Sep   Rev From  Oct01/00 
 Retail Sales            306.83  286.41   286.52    285.46 
 Excluding Autos         219.43  217.28   217.51    216.02 
 Motor vehicles/parts     87.40   69.13    69.01     69.44 
 Furniture/home furn       7.36    7.40     7.54      7.69 
 Electronics/appliances    7.23    7.18     7.19      7.26 
 Building/garden equip    24.77   24.10    24.23     23.06 
 Food/beverage            40.51   40.40    40.37     39.20 
   Grocery stores         36.60   36.54    36.49     35.50 
 Health/personal care     14.79   14.54    14.61     13.63 
 Gasoline stations        19.19   20.51    20.55     20.87 
 Clothing/accessories     14.29   13.36    13.36     14.29 
 Sporting goods/hobbies    7.47    7.26     7.32      6.73 
 General merchandise      35.02   34.78    34.81     34.35 
   Department stores      19.44   19.31    19.31     19.84 
 Misc store retailers      9.44    9.29     9.43      9.23 
 Non-store retailers      12.64   12.11    12.24     13.90 
 Food/drink services      26.73   26.37    25.86     25.82 
    
     FORECAST:   
     Reuters survey of U.S. economists forecast:  
     U.S. Oct retail sales +2.7 pct   
     U.S. Oct retail sales ex-autos +0.2 pct   
     
     HISTORICAL COMPARISONS/NOTES: 
     U.S. OCT RETAIL SALES RISE BIGGEST ON RECORD 
     U.S. OCT CARS/PARTS SALES RISE BIGGEST ON RECORD 
         
 Wednesday, 14 November 2001 13:30:00