{"id":438209,"date":"2026-09-16T20:00:18","date_gmt":"2026-09-16T13:00:18","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-august-advance-retail-sales-1-2-vs-0-8-expected-438209\/"},"modified":"2026-09-16T20:00:18","modified_gmt":"2026-09-16T13:00:18","slug":"us-august-advance-retail-sales-1-2-vs-0-8-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/us-august-advance-retail-sales-1-2-vs-0-8-expected-438209\/","title":{"rendered":"US August advance retail sales +1.2% vs +0.8% expected"},"content":{"rendered":"<div>\n<ul>\n<li>Prior was -0.6% (revised to -0.5%)<\/li>\n<li>Ex autos +1.4% vs +0.5% expected<\/li>\n<li>Prior ex-autos -0.3% (revised to -0.2%)<\/li>\n<li>Retail sales control group +1.4% vs +0.4% expected<\/li>\n<li>Prior control was -0.4%\u00a0<\/li>\n<li>Ex autos and\u00a0 gas +1.2% vs -0.2% prior (revised to -0.3%)<\/li>\n<li>Retail sales y\/y nominal 6.0% vs 5.01%\u00a0prior<\/li>\n<\/ul>\n<p>This is a very strong report right down the list and yet-another reason for the Fed to hike rates. It&#8217;s also a reason to continue hiking rates beyond today.<\/p>\n<p>Retail control group:<\/p>\n<\/p>\n<p>Before the data, a hike was 92% priced in and that&#8217;s unmoved. Two full hikes remain priced in through year end.<\/p>\n<p>Details:<\/p>\n<ul>\n<li>Gasoline +3.1% m\/m<\/li>\n<li>Nonstore retailers +2.6% m\/m<\/li>\n<li>Electronics and appliances +1.6% m\/m<\/li>\n<li>Sporting goods and hobbies +1.2% m\/m<\/li>\n<li>Restaurants and bars +1.2% m\/m<\/li>\n<li>Building materials -0.2%<\/li>\n<li>Furniture +1.9%<\/li>\n<\/ul>\n<p>Once again, never underestimate the spending power of the US consumer. I expect we would be seeing a more notable market reaction if it weren&#8217;t Fed day. The market moves on this are minimal.<\/p>\n<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior was -0.6% (revised to -0.5%) Ex autos +1.4% vs +0.5% expected Prior ex-autos -0.3% (revised to -0.2%) Retail sales control group +1.4% vs +0.4% expected Prior control was -0.4%\u00a0 Ex autos&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-438209","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=438209"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438209\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=438209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=438209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=438209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}