Research >> Economics
U.S. Retail Sales for February up 1.0%, Ex-Auto up 0.7%
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 $387.1 billion, an increase of 1.0 percent (±0.5%) from the previous month, and 8.9 percent (±0.7%) above February 2010. Total sales for the December 2010 through February 2011 period were up 8.2 percent (±0.5%) from the same period a year ago. The December 2010 to January 2011 percent change was revised from +0.3 percent (±0.5%)* to +0.7 percent (±0.3%).
Retail trade sales were up 0.9 percent (±0.5%) from January 2011, and 9.5 percent (±0.7%) above last year. Auto and other motor vehicle dealers sales were up 25.9 percent (±2.5%) from February 2010 and gasoline stations sales were up 12.9 percent (±1.7%) from last year.
Posted: March 11, 2011 Friday 08:30 AM