US retail sales rose +0.2% in August, and core sales rose +0.1%.  Expectations stood on +0.3% and +0.2%. However, revisions were positive: July was revised up from +0.6% to +0.7% and the core number was updated to +0.6% from +0.4% originally reported. Another subset of items resulted in a small beat: 0.4% instead of +0.3% expected. This control group also contributes to a better impression than the headline figures.

So, revisions certainly beat the small miss on the headline numbers. However the New York Fed Manufacturing Index hit -14.67 points instead of a predicted rise.

Read the rest of the article US retail sales disappoint again, but positive revisions help USD