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US retail sales rose less than expected
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 $465.5 billion, an increase of 0.1 percent from the previous month, and 3.8 percent above November 2015. Total sales for the September 2016 through November 2016 period were up 3.7 percent from the same period a year ago.
The September 2016 to October 2016 percent change was revised from up 0.8 percent (±0.5%) to up 0.6 percent (±0.2%). Retail trade sales were virtually unchanged from October 2016, and up 3.6 percent from last year. Nonstore retailers were up 11.9 percent from November 2015, while health and personal care stores retailers were up 6.2 percent from last year.
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