US August 2021 retail sales report highlights:
– was -1.1% m/m (revised to -1.8%)
– Prior ex autos -0.4%
– Retail sales control group +2.5% vs -0.1% expected
This is an impressive report. Ass expected, vehicle sales were a big drag, down 3.6% while electronics/appliances fell 3.1%. That was balanced by strong furniture store sales, food and beverage