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ECON: Retail Sales Rise 0.1 pct, As Expected
Posted to: Micro News
Wednesday, February 13, 2013 8:39 AM
- Headline Sales +0.1 vs +0.1 Consensus, +0.5 Previous
- Excluding Gasoline +0.1 vs +0.8 Previous
- Gasoline +0.2 vs -1.7 Previous
- Cars/Parts -0.1 vs +1.2 Previous
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for January, adjusted for
seasonal variation and holiday and trading-day differences, but not for price changes, were $416.6 billion, an increase of 0.1 percent
(±0.5%)* from the previous month and 4.4 percent (±0.7%) above January 2012. Total sales for the November 2012 through January
2013 period were up 4.5 percent (±0.5%) from the same period a year ago. The November to December 2012 percent change was
unrevised from +0.5 percent (±0.3%).
Retail trade sales were up 0.1 percent (±0.5%)* from December 2012 and 4.1 percent (±0.8%) above last year. Nonstore retailers were
up 15.7 percent (±2.3%) from January 2012 and auto and other motor vehicle dealers were up 9.4 percent (±2.3%) from last year.
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