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Wednesday, February 15, 2017

Retail Sales Rose in January

There were $472.1 billion in retail and food service sales in January, up 0.4% from the previous month and 5.6% from January 2016, according to the U.S. Census Bureau.
Core retail sales – excluding automobiles and parts – increased 0.8% after rising by 0.4% in December. Year-over-year core sales increased 5.3%.

Retail trade sales increased 0.2% from December and are up 5.6% from last year. Sales at nonstore were unchanged from December, while increasing 12.0% year-over-year.

Sales at gasoline stations continued to climb, rising 2.3% during the month and 14.2% from a year ago.

Read the Census release.
Visit Banks and the Economy.

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