Research >> Economics
U.S. Retail Sales for December decrease 0.9%, Ex-Auto down 1.0%
|
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for December, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $442.9 billion, a decrease of 0.9 percent (±0.5%) from the previous month, but up 3.2 percent (±0.9%) above December 2013. Total sales for the 12 months of 2014 were up 4.0 percent (±0.6%) from 2013. Total sales for the October through December 2014 period were up 4.1 percent (±0.7%) from the same period a year ago. The October to November 2014 percent change was revised from +0.7 percent (±0.5%) to +0.4 percent (±0.1%).
Retail trade sales were down 1.1 percent (±0.5%) from November 2014, but 2.6 percent (±0.7%) above last year. Auto and other motor vehicle dealers were up 9.8 percent (±3.0%) from December 2013 and food services and drinking places were up 8.2 percent (±3.3%) from last year.
Posted: January 14, 2015 Wednesday 08:30 AM