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Retail Sales Rebound in February

Advisor Perspectives

The Census Bureau's Advance Retail Sales Report for February revealed a 0.6% rebound in headline sales from January, the largest monthly rise in consumer spending since September. The latest increase, however, was lower than the anticipated 0.8% monthly growth.

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March Vehicle Sales Forecast: 15.6 million SAAR, Up 5% YoY

Calculated Risk

Light-Vehicle Sales Tracking a Steady Course with Potential Upside (pay content). However, the forecasted steady climb in inventory should put sales in good stead to rise above 16-million-unit annualized rates for most of the remainder of 2024. This graph shows actual sales from the BEA (Blue), and Wards forecast for March (Red).

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Retail Sales Increased 0.6% in December

Calculated Risk

On a monthly basis, retail sales were up 0.6% from November to December (seasonally adjusted), and sales were up 5.6 retail and food services sales for December 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $709.9 Total sales for the 12 months of 2023 were up 3.2

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30 Sales Tips for Independent Financial Advisors

XY Planning Network

Ready to kick your sales strategy up a notch? We understand the importance of removing the "sell" from Sales and utilizing those conversations instead as an opportunity to build stronger client relationships even before engagement. So let's dive in, demystify the process, and remove the “ick” from Sales! Hey there, RIA owners!

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Monday: New Home Sales

Calculated Risk

Weekend: • Schedule for Week of February 25, 2024 Monday: • At 10:00 AM ET, New Home Sales for January from the Census Bureau. The consensus is that new home sales increased to 675 thousand SAAR, up from 646 thousand in December. • At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for February.

Sales 97
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Thursday: Unemployment Claims, Existing Home Sales

Calculated Risk

At 10:00 AM: Existing Home Sales for February from the National Association of Realtors (NAR). Housing economist Tom Lawler expects the NAR to report sales of 4.40 The consensus is for a reading of -2.5, down from 5.2. • The consensus is for 3.94 million SAAR, down from 4.00 million SAAR for February (well above consensus).

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Existing Home Sales Reach Five-Month High

Advisor Perspectives

Existing home sales jumped to a five-month high in January. According to the data from the National Association of Realtors (NAR), existing home sales rose 3.1% Existing home sales are down 1.7% from December to reach a seasonally adjusted annual rate of 4.00 million units. This figure came in higher than the expected 3.96

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