Research >> Economics
U.S. Retail Sales for February 2021 Decreased 3.0%, Ex-Auto down 2.7 %
Advance estimates of U.S. retail and food services sales for February 2021, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $561.7 billion, a decrease of 3.0 percent (±0.5 percent) from the previous month, and 6.3 percent (±0.7 percent) above February 2020. Total sales for the December 2020 through February 2021 period were up 6.0 percent (±0.5 percent) from the same period a year ago. The December 2020 to January 2021 percent change was revised from up 5.3 percent (±0.5 percent) to up 7.6 percent (±0.3 percent).
Retail trade sales were down 3.1 percent (±0.5 percent) from January 2021, and up 9.5 percent (±0.7 percent) above last year. Nonstore retailers were up 25.9 percent (±1.8 percent) from February 2020, while food services and drinking places were down 17.0 percent (±3.2 percent) from last year.
Posted: March 16, 2021 Tuesday 08:30 AM