October Advance Monthly Sales for Retail and Food Services, the Report.
Advance estimates of U.S. retail and food services sales for October 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $718.9 billion, an increase of 0.4 percent (±0.5 percent)* from the previous month, and up 2.8 percent (±0.5 percent) from October 2023. Total sales for the August 2024 through October 2024 period were up 2.3 percent (±0.5 percent) from the same period a year ago. The August 2024 to September 2024 percent change was revised from up 0.4 percent (±0.5 percent)* to up 0.8 percent (±0.2 percent).
Note the numbers are not adjusted for inflation. Keep in mind, the BLS listed the annual inflation rate of 2.6% annual, and up 0.12% on the month.
First up, the revision history...
The historical numbers, also with adjustments for inflation...
I will allow you to review the data from the Census Bureau, and make your own judgements.
No comments:
Post a Comment