Research >> Economics
U.S. Retail Sales for January decrease 0.8%, Ex-Auto down 0.9%
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 $439.8 billion, a decrease of 0.8 percent (±0.5%) from the previous month, but up 3.3 percent (±0.9%) above January 2014. Total sales for the November 2014 through January 2015 period were up 3.8 percent (±0.7%) from the same period a year ago. The November to December 2014 percent change was unrevised from -0.9 percent (±0.3%).
Retail trade sales were down 1.0 percent (±0.5%) from December 2014, but up 2.4 percent (±0.7%) above last year. Food services and drinking places were up 11.3 percent (±3.5%) from January 2014 and auto and other motor vehicle dealers were up 10.7 percent (±3.0%) from last year. Gasoline stations were down 23.5 percent (±1.6%) from the previous year.
Posted: February 12, 2015 Thursday 08:30 AM