The U.S. Department of Commerce announced on the 13th that retail sales in the United States rose by 0.2% month-on-month in November, weaker than market expectations, and the core retail sales rate excluding the automotive sector also rose by 0.2%.
The US Commerce Department announced on December 13 that the US retail sales growth in November was the smallest in the past five months. After a solid increase in the previous two months, the beginning of the Christmas shopping season was disappointing.
Data show that retail sales in November rose by 0.2% month-on-month, weaker than economists expected growth of 0.6%. Retail sales in October were revised up by 0.6% month-to-month, with the initial value rising by 0.5% month-over-month.
Sales rose in 7 out of 13 major sectors, led by sales of electronic products, automobiles and apparel, and decreased sales of construction materials and food and beverages.
In November, sales of electronic products rose by 2.1% month-on-month, sales of automobiles and parts rose by 0.5%, and clothing sales rose by 0.5%. In contrast, sales of building materials fell 0.3% month-on-month, and food and beverage sales fell 0.2%.
Excluding auto projects, core retail sales in the United States rose 0.2% month-over-month in November, which was lower than the 0.4% expected by economists. Core retail sales rose 0.6% month-on-month in October.
Excluding autos, gasoline and construction materials, US retail sales rose 0.2% month-over-month in November, and rose 0.7% in October.
The US Commerce Department announced on December 13 that the US retail sales growth in November was the smallest in the past five months. After a solid increase in the previous two months, the beginning of the Christmas shopping season was disappointing.
Data show that retail sales in November rose by 0.2% month-on-month, weaker than economists expected growth of 0.6%. Retail sales in October were revised up by 0.6% month-to-month, with the initial value rising by 0.5% month-over-month.
Sales rose in 7 out of 13 major sectors, led by sales of electronic products, automobiles and apparel, and decreased sales of construction materials and food and beverages.
In November, sales of electronic products rose by 2.1% month-on-month, sales of automobiles and parts rose by 0.5%, and clothing sales rose by 0.5%. In contrast, sales of building materials fell 0.3% month-on-month, and food and beverage sales fell 0.2%.
Excluding auto projects, core retail sales in the United States rose 0.2% month-over-month in November, which was lower than the 0.4% expected by economists. Core retail sales rose 0.6% month-on-month in October.
Excluding autos, gasoline and construction materials, US retail sales rose 0.2% month-over-month in November, and rose 0.7% in October.
Loose Pearls,Edison Loose Pearls,Loose Faux Pearls
Gemstone Strand Co., Ltd. , http://www.nsfreshwater.com