U.S. December retail sales increased 0.4% for the headline and ex-autos.
U.S. December retail sales increased 0.4% for the headline and ex-autos. The 0.8% jump in November sales was revised up to 0.9%, while October was boosted to 0.7% from 0.5%. The ex-auto index was revised higher too, to 1.3% versus 1.0% previously, with October now at 0.5% from 0.4%. Excluding autos, gas, and building materials, sales posted a 0.4% gain after a 1.2% prior increase (revised from 0.8%). Vehicle sales rebounded 0.2% after dropping 1.0% in November (revised from -0.2%). Gas station sales were little changed versus 3.0% (revised from 2.8%). Sporting goods declined 1.6%, while miscellaneous sales were down 2.9%. Non-store retailers rose 1.2% from 4.2% (revised from 2.5%). Real average hourly earnings rose 0.4% after a 0.2% November gain.