The advance estimates of U.S. retail and food services sales for October, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $428.1 billion, an increase of 0.4 percent from the previous month, and 3.9 percent above October 2012.
The August to September 2013 percent change was revised from -0.1 percent to virtually unchanged. In October, auto and other motor vehicle dealers were up 1.3 percent from a decline of 1.2 percent reported a month earlier. The biggest gains were reported for sales in furniture stores (up 1 percent); electronics and appliances (up 1.4 percent); clothing (up 1.4 percent); sporting goods, hobby, book & music (up 1.6 percent) and food services & drinking place (up 1 percent). In contrast, sales in gasoline stations decreased 0.6 percent and in the building material & garden equipment & supplies by 1.9 percent.
Total sales for the August through October 2013 period were up 3.9 percent from the same period a year ago. Auto and other motor vehicle dealers were up 11.9 percent from October of 2012, nonstore retailers were up 8.2 percent.
11/20/2013 1:54:00 PM