It's The Economy Stupid: Retail Sales

Okay, the consumer ain’t dead yet!

 

Advance Retail Sales: 0.5%, economists had forecast 0.5%

Retail Sales Less Autos: 0.5%, economist had forecast 0.3%

Retail Sales Ex Auto & Gas: 0.3%, economists had forecast 0.2%

 

So, the numbers aren’t great, but they didn’t disappoint and they didn’t fall of the face of the earth.  So in this environment, it’s a win!

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

Fx:  225-342-9721

Email:  jbroussard@treasusry.state.la.us

Street Address:

301 Main Street

Baton Rouge, LA 70802

Mailing Address:

P.O. Box 44154 Capitol Station

Baton Rouge, LA 70804-4154

Physical Location:

One American Place, 7th Floor

Corner of North Street & 4th Street

Exit 1D I-110 North Street / Capitol Park / Downtown