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2008 retail sales down 0.1%

January 14, 2009 by Charlie

The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for December, adjusted for seasonal variation and holiday and trading-day differences (but not for price changes) were $343.2 billion, a decrease of 2.7 percent (±0.5%) from the previous month and 9.8 percent (±0.7%) below December 2007. Total sales for the October through December 2008 period were down 7.7 percent (±0.5%) from the same period a year ago. However, total sales for the 12 months of 2008 were down 0.1 percent (±0.4%) from 2007.

Filed Under: News Tagged With: retail sector

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