Research >> Economics
U.S. Retail Sales for December 2020 Decreased 0.7%, Ex-Auto down 1.4%
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Advance estimates of U.S. retail and food services sales for December 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $540.9 billion, a decrease of 0.7 percent (±0.5 percent) from the previous month, but 2.9 percent (±0.7 percent) above December 2019. Total sales for the 12 months of 2020 were up 0.6 percent (±0.4 percent) from 2019. Total sales for the October 2020 through December 2020 period were up 4.0 percent (±0.5 percent) from the same period a year ago. The October 2020 to November 2020 percent change was revised from down 1.1 percent (±0.5 percent) to down 1.4 percent (±0.2 percent).
Retail trade sales were down 0.3 percent (±0.5 percent)* from November 2020, but 6.3 percent (±0.7 percent) above last year. Nonstore retailers were up 19.2 percent (±1.6 percent) from December 2019, while food services and drinking places were down 21.2 percent (±3.7 percent) from last year.
Posted: January 15, 2021 Friday 08:30 AM