Connect With PPD
Follow Us:
Economy

Advanced Retail Sales Gain 0.3% in December, 5.8% Year-Over-Year

The advance estimates of U.S. retail sales for December was $529.6 billion, an increase of 0.3% (±0.4%) from November, and 5.8% (±0.7%) year-over-year. 

Forecasts ranged from a low of 0.2% to a high of 0.6%. The consensus forecast was 0.4%.

Total sales for the 12 months of 2019 increased 3.6% (±0.4%) from 2018. Total sales for the period from October 2019 to December 2019 gained 4.1% (±0.5%) from the same period a year ago.

The October 2019 to November 2019 percent change was revised from up 0.2% (±0.4%) to up 0.3% (±0.3%).

Retail trade sales were up 0.4% (±0.4%) from November 2019, and 6.0% (±0.5%) above last year. Nonstore retailers were up 19.2% (±1.4%) from December 2018, and gasoline stations were up 11.3% (±1.2%) from last year.

READ FULL STORY

SubscribeSign In
PPD Business Staff

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

Share
Published by
PPD Business Staff

Recent Posts

Media’s Worst Russian Collusion Sins May Soon Be Repeated

The most damning journalistic sin committed by the media during the era of Russia collusion…

1 year ago

Study: Mask-Mandates and Use Not Associated With Lower Covid-19 Case Growth

The first ecological study finds mask mandates were not effective at slowing the spread of…

3 years ago

Barnes and Baris on Big Tech’s Arbitrary Social Media Bans

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris note how big tech…

3 years ago

Barnes and Baris on Why America First Stands With Israel

On "What Are the Odds?" Monday, Robert Barnes and Rich Baris discuss why America First…

3 years ago

Personal Income Fell Significantly in February, Consumer Spending Weaker than Expected

Personal income fell $1,516.6 billion (7.1%) in February, roughly the consensus forecast, while consumer spending…

4 years ago

Study: Infection, Vaccination Protects Against Covid-19 Variants

Research finds those previously infected by or vaccinated against SARS-CoV-2 are not at risk of…

4 years ago

This website uses cookies.