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Compared with last year, retail sales are rising

2/20/2018

The U.S. Census Bureau announced Wednesday that advance estimates of U.S. retail and food services sales for August were virtually unchanged from the previous month, and up 7.2% from the month last year.


Adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, August sales were an estimated  $389.5 billion. Total sales for the June through August 2011 period were up 7.9% from the same period a year ago.


In the building material & garden equipment and supplies business -- NAICS 444 dealers -- adjusted sales in August were $25.019 billion, an increase of 0.2% over last month, and an increase of 6.7% over the same month last year. 


Also interesting: nonstore retailers sales were up 10.4% from last year.

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