(03-17-20) The U.S. Census Bureau announced the following advance estimates of U.S. retail and food services sales for February 2020: Advance Estimates of U.S. Retail and Food Services – Advance estimates of U.S. retail and food services sales for February 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $528.1 billion, a decrease of 0.5 percent (±0.4 percent) from the previous month, but 4.3 percent (±0.7 percent) above February 2019. Total sales for the December 2019 through February 2020 period were up 4.9 percent (±0.5 percent) from the same period a year ago. The December 2019 to January 2020 percent change was revised from up 0.3 percent (±0.4 percent)* to up 0.6 percent (±0.3 percent). Retail trade sales were down 0.5 percent (±0.4 percent) from January 2020, but 4.2 percent (±0.7 percent) above last year. Nonstore retailers were up 7.5 percent (±1.4 percent) from February 2019, and food services and drinking places were up 5.2 percent (±3.3 percent) from last year.
Retail Sales – Advanced Estimates – (03-17-20)
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