Friday, February 12, 2016

Retail Sales: January 2016

Today, the U.S. Census Bureau released its latest nominal read of retail sales showing rising activity in January with sales climbing 0.2% from December and rising 3.4% on a year-over-year basis on an aggregate of all items including food, fuel and healthcare services.

Nominal "discretionary" retail sales including home furnishings, home garden and building materials, consumer electronics and department store sales declined 0.22% from December but rose 2.2% above the level seen in January 2015 while, adjusting for inflation, “real” discretionary retail sales declined 0.22% on the month and rose a slight 0.84% since January 2015.