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Excluding autos, gasoline and building materials, sales increased by 0.2% in May, the weakest growth rate this year so far.
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Tsuga is placing big hopes on the home building materials and white goods sales in the near term and auto industry sales further out.
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Sales of building materials rose 1%.
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The homeowner's tax incentive generates new sales tax revenue on building materials, not to mention added income tax revenue on construction workers' salaries.
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Sales were also healthy at building materials and garden supply stores, as well as electronics and appliance stores.
BBC: US retail sales inch up in April
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Sales of autos, furniture, building materials and other durables actually fell heavily.
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The same reporting failed to mention anywhere that October sales, excluding autos, gasoline and building materials, which everyone already knew about, were down only 0.5%, which was hardly remarkable.
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Retail sales data excludes volatile categories like autos, gas and building materials and includes discretionary purchases such as electronics, furniture and apparel.
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Core sales, which strip out cars, petrol, and building materials and correspond most closely with the consumer spending component of gross domestic product, increased by 0.5%.
BBC: US retail sales inch up in April
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Financial analysis of building material dealersDuring its quarterly conference call Monday, Home Depot said building materials and lumber were among product categories that outperformed average company comparable-store sales, according to a transcript of the call by Seeking Alpha.
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