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U.S retail sales less than expected m/m
Advance estimates of U.S. retail and food services sales for February 2018, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $492.0 billion, a decrease of 0.1 percent from the previous month, but 4.0 percent above February 2017. Total sales for the December 2017 through February 2018 period were up 4.3 percent from the same period a year ago. The December 2017 to January 2018 percent change was revised from down 0.3 percent to down 0.1 percent.
Retail trade sales were down 0.1 percent from January 2018, but 4.2 percent above last year. Nonstore Retailers were up 10.1 percent from February 2017, while Gasoline Stations were up 7.9 percent from last year.
- U.S building permits and housing starts rose more than expected in January
- Chicago Business Barometer rose to 67.6 in December, up from 63.9
- U.S import and export prices rose more than expected in January
- Canadian manufacturing sales declined 0.3% to $55.5 billion in December