US Core Retail Sales Surge By The Most In History In September

After two straight months of disappointments, September retail sales beat majestically, rising 1.9% MoM against expectations of a 0.8% rise (the fastest pace in three months).

This surprise sent YoY retail sales soaring with the headline up 5.4% and core retail sales up a stunning 9.1% YoY - the greatest rise ever!

Source: Bloomberg

Every segment of the market (except Electronics & Appliance Stores) saw sales increase in September...

Online Retail sales stabilized...

Now, what happens in October, as government handouts stalled.