Friday, January 12, 2018

U.S. Retail And Food Services Sales Report for December 2017

The Commerce Department this morning released advanced estimates of U.S. Retail and Food Services Sales for December 2017:

Predicted: +0.3%
Actual: +0.4%

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): +0.9%

Estimated Retail Sales During December: $495,400,000,000

Change from 12 Months Previous: +5.4%

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