Retail Sales up strongly by 0.8% in October.

Posted - Filed under Data News, Retail Sales.

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Chart of Retail Sales Growth

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Revisions to the prior two month’s reporting included a change of -0.15% for September , and a change of -0.13% for August . See below. Total sales volume rose by $3,882 billion , with the biggest contributors being:
  • Gasoline Stations sales rose by $1,549 billion (3.5%).
  • Motor Vehicle & Parts Dealers sales rose by $1,169 billion (1.1%).
  • Building Materials, Garden Eq. & Supply Dealers sales rose by $345 billion (1.0%).
  • General Merchandise Stores sales rose by $309 billion (0.5%).
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 September were revised down by $793 billion , changing that month’s reported increase of 0.10% to a decrease of 0.05% . August sales were revised down by $642 billion , changing that month’s reported increase of 0.06% to a decrease of 0.07% .
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