Research >> Economics
U.S. Retail Sales for Feb up 1.1%, Ex-Auto up 1.0%
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 $421.4 billion, an increase of 1.1 percent (±0.5%) from the previous month and 4.6 percent (±0.7%) above February 2012. Total sales for the December 2012 through February 2013 period were up 4.5 percent (±0.5%) from the same period a year ago. The December 2012 to January 2013 percent change was revised from +0.1 percent (±0.5%)* to +0.2 percent (±0.3%).
Retail trade sales were up 1.3 percent (±0.5%) from January 2013 and 4.7 percent (±0.8%) above last year. Nonstore retailers were up 15.7 percent (±2.3%) from February 2012 and auto and other motor vehicle dealers were up 8.8 percent (±2.3%) from last year.
Posted: March 13, 2013 Wednesday 08:30 AM