September Advance Monthly Sales for Retail and Food Services, September Report.
Advance estimates of U.S. retail and food services sales for September 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $714.4 billion, an increase of 0.4 percent (±0.5 percent)* from the previous month, and up 1.7 percent (±0.5 percent) from September 2023. Total sales for the July 2024 through September 2024 period were up 2.3 percent (±0.5 percent) from the same period a year ago. The July 2024 to August 2024 percent change was unrevised from up 0.1 percent (±0.2 percent)*.
Note the numbers are not adjusted for inflation. Keep in mind, the BLS listed the annual inflation rate of 2.4% annual, and up 0.16% on the month.
First up, the revision history...
The historical numbers, also with adjustments for inflation...
Gasoline stations were the biggest losers, as would be expected with the fall in pump price. Also losing steam were home furnishings, electronics and appliances. Most other areas showed gains.
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