Research >> Economics
U.S. Retail Sales for February decrease 0.6%, Ex-Auto down 0.1%
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 $437.0 billion, a decrease of 0.6 percent (±0.5%) from the previous month, but up 1.7 percent (±0.9%) above February 2014. Total sales for the December 2014 through February 2015 period were up 2.9 percent (±0.7%) from the same period a year ago. The December 2014 to January 2015 percent change was unrevised from -0.8 percent (±0.3%).
Retail trade sales were down 0.6 (±0.5%) from January 2015, but up 1.0 percent (±0.9%) above last year. Nonstore retailers were up 8.6 (±2.1%) from February 2014 and food services and drinking places were up 7.7 percent (±3.5%) from last year. Gasoline stations were down 23.0 percent (±1.6%) from the previous year.
Posted: March 12, 2015 Thursday 08:30 AM