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December 14, 2023US RETAIL SALES, NOVEMBER 2023 Month over month (November 2023 vs October 2023, seasonally adjusted)
The US Census Bureau announced today that the advance estimates of U.S retail and food service sales increased 0.3%. Excluding food services and drinking places, retail trade sales edged up 0.1%. Food service and drinking place receipts increased 1.6%.
Year-over-year (November 2023 vs November 2022, seasonally adjusted)
US retail trade and food services increased 4.1%. Retail trade increased 3.1% and food services and drinking places sales increased 11.3%.
Year to date (January-November 2023, seasonally adjusted)
During the first eleven months of 2023, US retail trade and food services increased 3.2%. Retail trade increased 2.1% and food services and drinking places sales increased 11.6%.
In percentage terms, sales were up in 9 of 13 retail categories, the largest decline (in percentage terms) was seen in gas stations while the fastest gain was in health and personal care stores and non-store retailers.
Source: US Census Bureau. retrieved from the Federal Reserve Bank of St. Louis using a FRED API.
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