Retail sales down 0.2% in Aug.; Ex-autos rise 0.2%
Retail sales slid 0.2% in August after gaining a revised 0.3% in July, originally reported as a 0.6% increase, the Commerce Department said Friday.
Economists polled by Thomson Reuters expected sales to be up 0.1%, with sales excluding autos up 0.5%.
Excluding autos, retail sales were up 0.2% in August after a 0.4% uptick the previous month, first reported as a 0.5% jump.
Excluding both autos and gas, retail sales fell 0.1% in August after a 0.5% gain the previous month.