- Retail sales in March weren't as bad the headline numbers indicate if you are in the camp that believes that government trackers aren't quite adept at fine tuning the seasonal adjustments.
- Conlumino analyst Neil Saunders notes that March sales were up 3.6% Y/Y in March on an unadjusted basis. Pure retail categories were up 5.8%.
- Previously: March retail sales miss estimates, prior months revised higher (April 13)
- Previously: Not your everyday retail rally (April 13)
- Retail ETFs: XLY, XRT, VCR, RTH, RETL, IYK, FXD, FDIS, RCD, PEZ, PMR, UGE, SZK.