By Jill Mislinski
The Census Bureau's Advance Retail Sales Report for July was released on Thursday morning. Headline sales came in at 0.7% month-over-month to one decimal and was better than the Investing.com forecast of 0.3%. Core sales (ex Autos) came in at 1.02% MoM (to two decimals).
Here is the introduction from Thursday's report:
Advance estimates of U.S. retail and food services sales for July 2019, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $523.5 billion, an increase of 0.7 percent (±0.5 percent) from the previous month,