By Jill Mislinski
The Census Bureau's Advance Retail Sales Report for June was released this morning. Headline sales came in at 7.5% month-over-month to one decimal and was above the Investing.com forecast of 5.0%. Core sales (ex Autos) came in at 7.31% MoM (to two decimals).
Here is the introduction from today's report:
Statement Regarding COVID-19 Impact: Due to recent events surrounding COVID-19, many businesses are operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored response and data quality and determined estimates in this release meet publication standards. For