US Retail Sales Edge Up 0.2%

Retail sales in the United States increased 0.2 percent in November from October, slightly below market expectations of a 0.3 percent rise but the biggest gain in four months. Excluding autos, sales went up 0.4 percent, better than forecasts while core retail sales jumped 0.6 percent.

8 out of 13 major categories showed growth while 4 fell and 1 was flat. The highest increases were reported for sales in clothing stores (up 0.8 percent), sporting goods, hobby, book & music stores (up 0.8 percent), food and beverages stores (up 0.7 percent), general merchandise stores (up 0.7 percent), miscellaneous store retailers (up 0.7 percent), food and services drinking places (up 0.7 percent), electronic appliance stores (up 0.6 percent) and nonstore retailers (up 0.6 percent). Sales at health and personal care stores were flat.

In contrast, sales fell at furniture stores (down 0.3 percent), building material and garden equipment and supplies dealers (down 0.3 percent), motor vehicle & parts dealers (down 0.4 percent), and gasoline stations (down 0.8 percent). 

Excluding autos, retail sales rose 0.4 percent, higher than a 0.1 percent gain in October. The so-called core retail sales (excluding automobiles, gasoline, building materials and food services) went up 0.6 percent after an unrevised 0.2 percent gain in October.

Year-on-year, retail sales increased 1.4 percent in November.

US Retail Sales Edge Up 0.2%

US Census Bureau | Joana Taborda |
12/11/2015 1:50:37 PM