Research >> Economics
U.S. Retail Sales for Jan up 0.4%, Ex-Auto up 0.7%
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 $401.4 billion, an increase of 0.4 percent (±0.5%) from the previous month and 5.8 percent (±0.7%) above January 2011. Total sales for the November 2011 through January 2012 period were up 6.3 percent (±0.5%) from the same period a year ago. The November to December 2011 percent change was revised from 0.1 percent (±0.5) to virtually unchanged (±0.3%).
Retail trade sales were up 0.4 percent (±0.5%) from December 2011 and 5.5 percent (±0.7%) above last year. Food services and drinking places sales were up 8.2 percent (±1.8%) from January 2011 and building material and garden equipment and supplies dealers were up 8.1 percent (±2.6%) from last year.
Posted: February 14, 2012 Tuesday 08:30 AM