Retail Sales up by 0.1% in September.

Posted - Filed under Data News, Retail Sales.

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From the Census Department’s Retail Trade Report:
SPECIAL NOTICE: Beginning with the December 11, 2015 release for the November 2015 data, the estimates will be based on a new sample. A new sample for the Advanced Monthly Retail Trade Survey is selected about once every two and a half to three years. For further information on the sample revision, see our website at http://www.census.gov/retail/marts_sample_revision_faqs.html . The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for September, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $447.7 billion, an increase of 0.1 percent (±0.5%)* from the previous month, and 2.4 percent (±0.7%) above September 2014. Total sales for the July 2015 through September 2015 period were up 2.3 percent (±0.5%) from the same period a year ago. The July 2015 to August 2015 percent change was revised from +0.2 percent (±0.5%)* to virtually unchanged (±0.2%)*. Retail trade sales were virtually unchanged (±0.5%)* from August 2015, and 1.7 percent (±0.7%) above last year. Motor vehicle and parts dealers were up 8.8 percent (±2.6%) from last year and food services and drinking places were up 7.9 percent (±3.5%) from September 2014.
Chart of Retail Sales Growth

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Revisions to the prior two month’s reporting included a change of -0.16% for August , and a change of 0.05% for July . See below. Total sales volume rose by $467 billion , with the biggest contributors being:
  • Motor Vehicle & Parts Dealers sales rose by $1,553 billion (1.7%).
  • Gasoline Stations sales fell by $1,196 billion (-3.2%).
  • Food Services & Drinking Places sales rose by $346 billion (0.7%).
  • Clothing & Clothing Accessories Stores sales rose by $188 billion (0.9%).
These are shown graphically in the bar chart below.
Chart of Retail Sales Components

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Chart of Revisions to Retail Sales

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Revisions to Prior Months

Retail Sales for August were revised down by $721 billion , changing that month’s reported increase of 0.19% to an increase of 0.03% . July sales were revised up by $225 billion , changing that month’s reported increase of 0.71% to an increase of 0.76% .
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