Retail sales in line, internals mixed

Core retail sales in November rose .4% m/o/m as expected after a one tenth decline in October. Not included in the core print was the 2.6% m/o/m jump in auto sales/parts after a 1.8% rise in October. Building materials, also outside the core read, was up .4% m/o/m and 2.5% y/o/y.

Elsewhere the spending was more mixed. They rose for furniture, electronics, sporting goods and for e-commerce but fell at restaurants/bars, department stores, apparel, food/beverage and miscellaneous for a 2nd month. Miscellaneous can include dollar stores, convenience stores, pet, flower, etc…