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- Strong start of the year for US retail sales
Strong start of the year for US retail sales
Advance estimates of U.S. retail and food services sales for January 2017, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $472.1 billion, an increase of 0.4 percent from the previous month, and 5.6 percent above January 2016. Total sales for the November 2016 through January 2017 period were up 4.6 percent (±0.7 percent) from the same period a year ago. The November 2016 to December 2016 percent change was revised from up 0.6 percent to up 1.0 percent (±0.2 percent).
Retail trade sales were up 0.2 percent (±0.5 percent)* from December 2016, and up 5.6 percent from last year. Gasoline Stations sales were up 14.2 percent from January 2016, while Nonstore Retailers were up 12.0 percent from last year.
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