Market Updates
Retail and Food Services Sales Advanced in November
Brian Turner
14 Dec, 2023
New York City
U.S. retail and food services sales in November adjusted for season variation but not for price, which rose 0.3% from the previous month, the Commerce Department reported in a release Thursday.
Retail and food services sales in the month increased 4.1% from the previous year, indicating resilient consumer spending at the start of the holiday season.
Retail trade sales were up 0.1% from October and up 3.1% above last year, and sales at nonstore retailers, including online sales, were up 10.6% from last year, while food services and drinking places were up 11.3% from a year ago.
Annual Returns
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Earnings
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