Over October, spending on durable goods, which includes automobiles, dipped 0.1% after a 1% decline in September. Meanwhile non-durable goods, which include gasoline and clothing, was up 0.5%. Services spending was also up 0.1% last month, including utilities, tourism, legal help and personal care.
XLY covers a broad range of discretionary sectors, including hotels restaurants & leisure 13.4%, internet & catalog retail 10.4%, autos 5.5%, household durables 3.6% and leisure products 0.8%. XRT tracks brick-and-mortar retailers, including apparel, specialty stores 16.8% and autos 14.5%.
Consumer Discretionary Select Sector SPDR
For more information on the consumer spending and retail, visit our retail category.
Max Chen contributed to this article.