Wednesday, April 13, 2016

Retail Sales Down 0.3% in March

There were $446.9 billion of retail and food service sales in March (after adjustment for seasonal variation and holiday and trading-day differences, but not for price changes), down 0.3% from February, but up 1.7% from a year earlier, according to the U.S. Census Bureau.

Core retail sales – excluding automobiles and parts – increased 0.2% after remaining unchanged in the previous month. Year-over-year core sales increased 1.8%.

Retail trade sales fell 0.2% on the month, but were up 1.3% from a year earlier.

Sales at gasoline stations increased 0.9% in March, but were 15.6% lower than a year ago. Sales at motor vehicle and parts dealers fell 2.1 % from February, but improved 1.4% from a March 2015.

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

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