Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Retail In December Slightly Higher Than Expected

WASHINGTON (UPI) — Retail and food-service sales rose one tick higher than expected in December, pushing the annual gain to 4.2 percent, the U.S. Census Bureau said Tuesday.

Total sales rose 0.2 percent from November to $431.93 billion — a 4.1 percent increase over the same month of 2012.

Economists had expected a gain of 0.1 percent.

Retail sales for the year were up 4.2 percent from 2012. For the final three months of the year, sales were up 1 percent from the fourth quarter of 2012.

The bureau also revised the October to November gain from 0.7 percent to 0.4 percent.

Motor vehicle sales dropped in the final month of the year, down 1.8 percent from November, but posted a 6.2 percent gain from December 2012.

Sales were also down month-to-month for furniture, electronics, and building materials. General merchandise sales were off 1.6 percent month-to-month and sporting goods and hobby shop sales were down 0.6 percent.

Gains were led by food and beverage sales, up 2 percent from November, followed by clothing, up 1.8 percent and gasoline station sales, up 1.6 percent.

Excluding auto sales, which brought the total down, sales were up 0.7 percent from November and 3.7 percent over 12 months, the bureau said.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Facebook Conversations

Join the Discussion:
View Comments to “Retail In December Slightly Higher Than Expected”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.