retail sales

Retail Sales for December 2011 Increase Only 0.1%, Give Lump of Coal to Wall Street

December 2011 Retail Sales increased 0.1%. Minus autos & parts retail sales dropped -0.2%. November retail sales were revised up to 0.4% from 0.2%. Retail sales are up 6.5% from the same time last year. Electronics and Appliance stores plunged -3.9% during December, the holiday season. Gas sales dropped -1.6%. Retail sales are reported by dollars, not by volume, so dropping prices often reports as a decline in sales.

Retail Sales for November 2011 - 0.2%

November 2011 Retail Sales increased 0.2%. October retail sales were revised up a 10th of a percentage point to 0.6%. Retail sales are up 6.7% from the same time last year. Electronics and Appliance stores shot up another 2.1% in a month, and were 20% of the total increase in retail sales. Autos still rule the retail world and sales by dealers was over half the increase by dollars of retail sales for November, a 0.7% increase from October.

Retail Sales for October 2011 - 0.5%

October 2011 Retail Sales increased 0.5%. September retail sales were 1.1%. Retail sales are up 7.2% from the same time last year. Electronics and Appliance stores shot up 3.7% in a month, the highest monthly jump since November 2009. The pop up in electronics & appliances retail sales accounts for all of the gains in this category from last year, 3.5%.

 

Retail Sales for September 2011 - 1.1%

September 2011 Retail Sales increased 1.1%. August retail sales were revised up, from 0.0% to 0.3%. Retail sales are up 7.9% from the same time last year. Motor vehicle sales were up 4.0% in September and are up 8.8% from September 2010. This is better sign for Q3 GDP in terms of consumer spending, which accounts for 70% of economic growth. Retail sales are not adjusted for price increases, not reported in real dollars.

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