Retail Sales Unchanged July To August
September 14, 2011 by UPI - United Press International, Inc.
WASHINGTON, Sept. 14 (UPI) — Retail sales overall were unchanged from July to August, the U.S. Census Bureau reported Wednesday.
Retail sales, including food service sales, adjusted for seasonal variations but not for prices, were $389.5 billion, “virtually unchanged” from July, but 7.2 percent above August 2010, the bureau said in a release.
The consensus forecast for month-to-month sales gains had called for an 0.2 percent month-to-month increase.
Gasoline sales were up 19.1 percent from August 2010 and non-store retail sales, which includes catalog and Internet sales, were up 13.3 percent from last year, the bureau said. Automobile sales rose 10.7 percent on a 12-month basis, the report said.
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