Retail Sales Slide in October

By Staff Writer November 15, 2023 361

The U.S. Census Bureau announced the following advance estimates of U.S. retail and food services sales for October 2023: Advance estimates of U.S. retail and food services sales for October 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $705.0 billion, down 0.1% (±0.5%) from the previous month, and up 2.5% (±0.7%) above October 2022.

Total sales for the August 2023 through October 2023 period were up 3.1% (±0.4%) from the same period a year ago. The August 2023 to September 2023 percent change was revised from up 0.7% (±0.5%) to up 0.9% (±0.2%). Retail trade sales were down 0.2% (±0.5%) from September 2023, and up 1.6% (±0.5%) above last year. Gasoline Stations were down 7.5% (±1.1%) from last year, while non-store retailers were up 7.6% (±1.6%) from October 2022.

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Last modified on Wednesday, 15 November 2023 23:29