Research >> Economics
U.S. Retail Sales for Feb up 1.1%, Ex-Auto up 0.9%
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 $407.8 billion, an increase of 1.1 percent (±0.5%) from the previous month and 6.5 percent (±0.7%) above February 2011. Total sales for the December 2011 through February 2012 period were up 6.4 percent (±0.5%) from the same period a year ago. The December 2011 to January 2012 percent change was revised from 0.4 percent (±0.5) to 0.6 percent (±0.2%).
Retail trade sales were up 1.1 percent (±0.5%) from January 2012 and 6.3 percent (±0.7%) above last year. Building material and garden equipment and supplies dealers sales were up 13.8 percent (±2.6%) from February 2011 and gasoline stations were up 10.3 percent (±1.7%) from last year.
Posted: March 13, 2012 Tuesday 08:30 AM