.comment-link {margin-left:.6em;}

Economy

Economic Data (USA)

Friday, October 13, 2006

U.S. Retail & Food Services Sales Report for September, 2006

The Commerce Department this morning released advanced estimates of U.S. Retail and Food Services Sales for September, 2006:

Predicted: +0.2%
Actual: -0.4%

Minus Auto Sales
Predicted: 0.0%
Actual : -0.5%


The above percentages represent the month-to-month change in total sales receipts for retailers that sell both durable and non-durable goods.

The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the actual or real figure.

Here's a snippet from today's Commerce Department report:

"The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for September, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $366.2 billion, a decrease of 0.4 percent (±0.7%) from the previous month, but up 5.5 percent (±0.7%) from September 2005. Total sales for the July through September 2006 period were up 5.6 percent (±0.5%) from the same period a year ago. The July to August 2006 percent change was revised from +0.2 percent (± 0.7%) to +0.1 percent (± 0.3%).

Retail trade sales were down 0.6 percent (±0.7%) from August, but were 5.2 percent (±0.8%) above last year. Nonstore retailers were up 12.9 percent (±4.6%) from September 2005 and sales of clothing and clothing accessories stores were up 10.7 percent (±1.5%) from last year."
Click here to view the full report.


>  SITEMAP  <

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home


www.FedPrimeRate.com
Entire Website © 2018 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve in any way.
Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.