US Retail Sales Down 0.1%

Retail sales in the United States edged down 0.1 percent in February of 2016 from the previous month, in line with market expectations and following a revised 0.4 percent drop in the previous month as receipts at gasoline stations shrank 4.4 percent and auto sales declined.
US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com 3/15/2016 12:48:53 PM
8 out of 13 major categories declined and 5 went up. The biggest decline was reported for sales at gasoline stations (-4.4 percent), followed by miscellaneous store retailers (-1.1 percent), furniture and home furniture (-0.5 percent), motor vehicle sales and part dealers (-0.2 percent), food and beverages (-0.2 percent), general merchandise stores (-0.2 percent), nonstore retailers (-0.2 percent) and electronics and appliance stores (-0.1 percent). In contrast, the highest gains were recorded for building material, garden equipment and supplies dealers (1.6 percent), sporting goods, hobby, book and music stores supplies dealers (1.2 percent), food services and drinking places (1 percent), clothing (0.9 percent) and health and personal care stores (0.7 percent). 

Excluding autos, sales edged down 0.1 percent, following a revised 0.4 percent drop in the previous period. The so-called control group of sales – excluding automobiles, gasoline, building materials and food services – were flat after a downwardly revised 0.2 percent increase in January.

Retail sales for the January month have been previously reported as rising 0.2 percent.

US Retail Sales Down 0.1%