November Retail Sales Rose 0.5% In The US

2011/12/14 8:36:00 19

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Retail Sales In The United States Rose 0.5%

U.S.A

Ministry of Commerce

13, the US retail sales rose by 0.2% in November, weaker than market expectations, excluding the auto sector.

core

Retail sales also increased by 0.2%.

In December 13th, the U.S. Commerce Department (Commerce Department) announced that retail sales in the United States rose in November to the smallest in nearly 5 months, after a solid growth in the first two months.

Christmas

The beginning of the shopping season is disappointing.

Data show that retail sales in November increased by 0.2% over the month, weaker than economists.

Expect

The increase is 0.6%.

Retail sales in October were revised up by 0.6% over the month, and the initial value was 0.5%.

Sales of 7 sectors rose in 13 main sectors, while sales of electronic products, automobiles and clothing rose, while sales of building materials and food and beverage decreased.

In November, sales of electronic products increased by 2.1%, sales of automobiles and parts rose by 0.5%, and clothing sales increased by 0.5%.

By contrast, sales of construction materials fell by 0.3%, while sales of food and beverage decreased by 0.2%.

After excluding car projects, the US core retail sales in November increased by 0.2% over the month, up from 0.4% of economists' expectations.

Core retail sales increased by 0.6% in October.

Excluding cars, gasoline and building materials, the US retail sales in November increased by 0.2% compared to October, while the increase in October was about 0.7%.