Research >> Economics
U.S. Retail Sales for March 2023 down 1.0%, Ex-Auto down 0.8%
Advance estimates of U.S. retail and food services sales for March 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $691.7 billion, down 1.0 percent (±0.5 percent) from the previous month, but up 2.9 percent (±0.7 percent) above March 2022. Total sales for the January 2023 through March 2023 period were up 5.4 percent (±0.4 percent) from the same period a year ago. The January 2023 to February 2023 percent change was revised from down 0.4 percent (±0.5 percent)* to down 0.2 percent (±0.1 percent).
Retail trade sales were down 1.2 percent (±0.5 percent) from February 2023, but up 1.5 percent (±0.5 percent) above last year. Nonstore retailers were up 12.3 percent (±1.2 percent) from last year, while food services and drinking places were up 13.0 percent (±2.6 percent) from March 2022.
Posted: April 14, 2023 Friday 08:30 AM