Research >> Economics
U.S. Retail Sales for February decreased 0.1%
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for February, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $346.8 billion, a decrease of 0.1 percent (±0.5%)* from the previous month and 8.6 percent (±0.7%) below February 2008. Total sales for the December 2008 through February 2009 period were down 9.4 percent (±0.5%) from the same period a year ago. The December 2008 to January 2009 percent change was revised from +1.0 percent (±0.5%) to +1.8 percent (±0.2%).
Retail trade sales were down 0.1 percent (±0.7%)* from January 2009 and 9.8 percent (±0.7%) below last year. Gasoline stations sales were down 32.3 percent (±1.7%) from February 2008 and motor vehicle and parts dealers sales were down 23.5 percent (±2.1%) from last year.
Posted: March 12, 2009 Thursday 08:30 AM