Economic Statistics for 13 May 13
Here are today’s statistics on the state of the economy:
Retail sales rose 0.1% in April, but fell -0.1% ex-autos. But, ex-autos and gas, sales rose 0.6%.
Business inventories were unchanged in March, resulting in a 1.1% build in inventories for the quarter. Sales were up 0.6% for the quarter, the weakest of the recovery.