From the Census Department’s Retail Trade Report:
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 $439.8 billion, a decrease of 0.8 percent (±0.5%) from the previous month, but up 3.3 percent (±0.9%) above January 2014. Total sales for the November 2014 through January 2015 period were up 3.8 percent (±0.7%) from the same period a year ago. The November to December 2014 percent change was unrevised from -0.9 percent (±0.3%).
Retail trade sales were down 1.0 percent (±0.5%) from December 2014, but up 2.4 percent (±0.7%) above last year. Food services and drinking places were up 11.3 percent (±3.5%) from January 2014 and auto and other motor vehicle dealers were up 10.7 percent (±3.0%) from last year. Gasoline stations were down 23.5 percent (±1.6%) from the previous year.
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Revisions to the prior two month’s reporting included a change of 0.08% for December .
See below.
Total sales volume fell by $3,504 billion
, with the biggest contributors being:
- Gasoline Stations sales fell by $3,613 billion
(-9.3%). - Motor Vehicle & Parts Dealers sales fell by $448 billion
(-0.5%). - Food Services & Drinking Places sales rose by $408 billion
(0.8%). - Miscellaneous Stores Retailers sales rose by $261 billion
(2.6%).
These are shown graphically in the bar chart below.
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Click to enlarge
Revisions to Prior Months
Retail Sales for December were
revised up by $328 billion , changing that month’s reported decrease of 0.94% to a decrease of 0.86% .
November sales were revised but not significantly, up by $16 billion .