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More on Retail Sales: Helping to smooth rather large downward revisions, the Y/Y figure shows...
More on Retail Sales: Helping to smooth rather large downward revisions, the Y/Y figure shows sales +4.1%, up from +3.5% last month. Ex-autos, +3.2% Y/Y, up from +2.6% last month. With Home Depot (HD) in focus this morning, a look at sales for Building Material Suppliers shows an 11.7% annualized rise in July.
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