Research >> Economics
U.S. Retail Sales for October 2020 Increased 0.3%, Ex-Auto up 0.2%
Advance estimates of U.S. retail and food services sales for October 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $553.3 billion, an increase of 0.3 percent (±0.5 percent)* from the previous month, and 5.7 percent (±0.7 percent) above October 2019. Total sales for the August 2020 through October 2020 period were up 5.1 percent (±0.5 percent) from the same period a year ago. The August 2020 to September 2020 percent change was revised from up 1.9 percent (±0.5 percent) to up 1.6 percent (±0.3 percent).
Retail trade sales were up 0.3 percent (±0.5 percent)* from September 2020, and 8.5 percent (±0.7 percent) above last year. Nonstore retailers were up 29.1 percent (±1.6 percent) from October 2019, while building material and garden equipment and supplies dealers were up 19.5 percent (±2.3 percent) from last year.
Posted: November 17, 2020 Tuesday 08:30 AM