Friday, January 13, 2017

U.S. Retail & Food Services Sales Report for December 2016

The Commerce Department this morning released advanced estimates of U.S. Retail and Food Services Sales for December 2016:

Predicted: +0.7%
Actual: +0.6%

The yellow-highlighted percentage represents the month-to-month change in total sales receipts for retailers that sell durable and non-durable goods,and retailers that provide food and beverage services.

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Previous Month (revised): +0.2%

Estimated Retail Sales During December: $469,100,000,000

Change from 12 Months Previous: +4.1%

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The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.