Strength was widespread throughout the components. As expected, the gasoline service station component was one of the strongest contributors with a gain of 2.0%. But, given that we were looking for a gain of double that increase, this implies that price swings were even less of a factor boosting overall sales than expected -- implying a much firmer tone in "real" sales.
Motor vehicles & parts rose a solid 1.9%, which is in agreement with the strength seen in unit vehicle sales. Several other components revealed gains of over 1%, including building materials, health and personal care, general merchandise, miscellaneous, and non-store retailers.
Overall, consumption and GDP over the past two quarters was much stronger than anyone could have imagined immediately following the attack. This data suggests not only an upward revision to first quarter GDP (to 6.0% from 5.8%), but also that second quarter GDP should top 4.5%. From Standard & Poor's Global Markets