Market Updates
January Retail Sales Jumped 3.0%
Brian Turner
15 Feb, 2023
New York City
Seasonally adjusted retail and food services sales in January not adjusted for price increased 3.0% from December and jumped 6.4% from a year ago.
Total sales for the November 2022 through January 2023 period were up 6.1% from the same period a year ago.
The November and December sales were unrevised at -1.1%, according to the report released by the U.S. Census Bureau in its preliminary report Wednesday.
Retail trade sales were up 2.3% from December and 3.9% from last year and food services and drinking places sales soared 25.2% and general merchandise sales increased 4.5% from the previous year.
Annual Returns
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Earnings
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