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Tuesday, November 15, 2016

Retail Sales Rose in October

There were $465.9 billion in retail and food service sales in October, up 0.8% from the previous month and 4.3% from October 2015, according to the U.S. Census Bureau.

Core retail sales – excluding automobiles and parts – increased 0.8% after rising 0.7% in September. Year-over-year core sales increased 4.0%.

Retail trade sales rose 1.0% from September and 4.3% from last year. Sales at nonstore retailers increased 1.5% from September, while increasing 12.9% year-over-year.

Sales at gasoline stations continued to climb, rising 2.2% during the month and 0.8% from a year ago.

Read the Census release.
Visit Banks and the Economy.

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