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- US retail sales in line with expectations in December
US retail sales in line with expectations in December
Advance estimates of U.S. retail and food services sales for December 2016, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $469.1 billion, an increase of 0.6 percent from the previous month, and 4.1 percent (±0.9 percent) above December 2015.
Total sales for the 12 months of 2016 were up 3.3 percent from 2015. Total sales for the October 2016 through December 2016 period were up 4.1 percent from the same period a year ago. The October 2016 to November 2016 percent change was revised from up 0.1 percent (±0.5 percent)* to up 0.2 percent.
Retail trade sales were up 0.8 percent (±0.5 percent) from November 2016, and up 4.3 percent (±0.7 percent) from last year. Nonstore retailers were up 13.2 percent (±1.8 percent) from December 2015, while Miscellaneous stores were up 7.1 percent (±4.6 percent) from last year.
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