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Friday, January 15, 2016

Retail Sales Fell 0.1 Percent in December

There were $448.1 billion of retail and food service sales in December (after adjustment for seasonal variation and holiday and trading-day differences, but not for price changes), a monthly decrease of 0.1 percent, according to the U.S. Census Bureau. Retail sales alone increased 2.2 percent from December 2014 however.


Core retail sales – excluding automobiles and parts – also declined 0.1 percent last month, following a 0.3 percent November increase. Year-over-year sales excluding automobiles and parts increased 1.2 percent. Retail trade sales fell 0.2 percent on the month, but increased 1.6 percent from a year ago.

Sales at clothing and clothing accessories stores contracted in December, falling 0.9 percent. Miscellaneous store retail sales fell 2.0 percent on the month, but increased 1.9 percent from a year ago. Sales at gasoline stations continued to decline, falling 1.1 percent on the month. Gas station sales fell 19.4 percent in 2015.

Read the Census release.
Visit the new Banks and the Economy.

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