Nov. MoM Retail Sales Advance 0.7% vs 0.4% Expected, Ex-Auto 0.5% vs 0.1% (XRT)
Nov. MoM Retail Sales Advance 0.7% vs 0.4% Expected, Ex-Auto 0.5% vs 0.1%
UPDATE - More from the Commerce Department
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for November, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $449.3 billion, an increase of 0.7 percent (±0.5%) from the previous month, and 5.1 percent (±0.9%) above November 2013. Total sales for the September through November 2014 period were up 4.7 percent (±0.7%) from the same period a year ago. The September to October 2014 percent change was revised from +0.3 percent (±0.5%)* to +0.5 percent (±0.2%).
Retail trade sales were up 0.7 percent (± 0.5%) from October 2014, and 4.9 percent (±0.7%) above last year. Auto and other motor vehicle dealers were up 9.5 percent (±3.2%) from November 2013 and nonstore retailers were up 8.7 percent (±2.1%) from last year.
The scheduled release dates for 2015 are as follows: January 14, February 12, March 12, April 14, May 13, June 11, July 14, August 13, September 15, October 14, November 13, December 11.
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