The Retail Monitor calculation of core retail sales (excluding restaurants in addition to automobiles dealers and gasoline stations) was down 0.19% month over month in November but up 1.43% year over year. That compared with increases of 0.83% month over month and 4.59% year over year in October.
November sales were up in five out of nine retail categories on a yearly basis, led by online sales, grocery and beverage stores and clothing and accessories stores. Sales were up in two categories on a monthly basis.
Your first look at how retail sales performed last month. The Retail Monitor has been shown to be highly correlated with the U.S. Census Bureau’s revised retail sales numbers. The data is powered by Affinity Solutions.