XJO 0.24% 8,029.5 s&p/asx 200

us housing stocks crashing, page-7

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    re: retail sales us housing stocks crashing July gain much stronger than expected given unexpectedly strong gains in durable goods.
    Autos rose 3.1% (expected) as both building materials and electronics rose 1.8%+.
    Furniture showed a fifth consecutive month of gain.
    Nondurable goods led by 2.5% gain at gas stations. Retail sales ex autos/gas at a strong 0.7%.
    Non-store retailers (catalog and Internet based sales) rose 2.1% (15% yoy).
    Starts Q3 off on a strong foot after the modest 2.5% gain in Q2 consumer spending.
 
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