Research >> Economics
U.S. Retail Sales for January down 0.4%, Ex-Auto unch%
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for January, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $427.8 billion, a decrease of 0.4 percent (±0.5%) from the previous month, but 2.6 percent (±0.9%) above January 2013. Total sales for the November 2013 through January 2014 period were up 3.4 percent (±0.5%) from the same period a year ago. The November to December 2013 percent change was revised from +0.2 percent (±0.5%) to -0.1 percent (±0.3%).
Retail trade sales were down 0.4 percent (±0.5%) from December 2013, but 2.6 percent (± 1.1%) above last year. Nonstore retailers were up 6.5 percent (±2.3%) from January 2013 and auto and other motor vehicle dealers were up 4.1 percent (±3.2%) from last year.
Posted: February 13, 2014 Thursday 08:30 AM