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Wednesday, December 14, 2016

Retail Sales Post Small Rise in November

There were $465.5 billion in retail and food service sales in November, up 0.1% from the previous month and 3.8% from November 2015, according to the U.S. Census Bureau.
Core retail sales – excluding automobiles and parts – increased 0.2% after rising 0.6% in October. Year-over-year core sales increased 3.9%.

Retail trade sales were unchanged from October and up 3.6% from last year. Sales at nonstore retailers increased 0.1% from October, while increasing 11.9% year-over-year.

Sales at gasoline stations continued to climb, rising 0.3% during the month and 4.0% from a year ago.

Read the Census release.
Visit Banks and the Economy.

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