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Retail Sales decreased 0.1% in February

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On a monthly basis, retail sales were down 0.1% from January to February (seasonally adjusted), and sales were up 3.1% from February 2015.

From the Census Bureau report:

The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for February, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were 7.3 billion, a decrease of 0.1 percent from the previous month, and 3.1 percent above February 2015. … The December 2015 to January 2016 percent change was revised from up 0.2 percent to down 0.4 percent (

Retail Sales Click on graph for larger image.

This graph shows retail sales since 1992. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline).

Retail sales ex-gasoline were up 0.2%.

The second graph shows the year-over-year change in retail sales and food service (ex-gasoline) since 1993.

Year-over-year change in Retail Sales Retail and Food service sales ex-gasoline increased by 4.8% on a YoY basis.

The decrease in February was at expectations, however retail sales for December were revised down. Even though disappointing (including revisions), sales ex-gasoline are up a solid 4.8% YoY.
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