Advance Estimates of U.S. Retail and Food Services
Advance estimates of U.S. retail and food services sales for March 2019, adjusted for seasonal variation
and holiday and trading-day differences, but not for price changes, were $514.1 billion, an increase of 1.6
percent (±0.5 percent) from the previous month, and 3.6 percent (±0.7 percent) above March 2018. Total
sales for the January 2019 through March 2019 period were up 2.9 percent (±0.7 percent) from the same
period a year ago. The January 2019 to February 2019 percent change was unrevised from down 0.2
percent (±0.2 percent)*.
Retail trade sales were up 1.7 percent (±0.5 percent) from February 2019, and 3.5 percent (±0.5 percent)
above last year. Nonstore retailers were up 11.6 percent (±1.4 percent) from March 2018, while sporting
goods, hobby, musical instrument, and book stores were down 9.7 percent (±2.5 percent) from last year.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
Ed Moya