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October Retail Sales Rose 8.3% YOY

October Retail Sales Rose 8.3% YOY

November 16, 2022 from Floor Focus FloorDaily News

Washington, DC, November 16, 2022 – Advance estimates of U.S. retail and food services sales for October 2022 were $694.5 billion, up 1.3% from the previous month, and 8.3% above October 2021, the U.S. Census Bureau announced.

Total sales for the August 2022 through October 2022 period were up 8.9% from the same period a year ago. The August 2022 to September 2022 percent change was unrevised from virtually unchanged.

Retail trade sales were up 1.2% from September 2022, and up 7.5% above last year. Gasoline stations were up 17.8% from October 2021, while food services and drinking places were up 14.1% from last year.

Related Topics: U.S. Census Bureau

Donato Pompo

Donato Pompo, CTC CMR CSI CDT MBA, is the leading tile and stone forensic expert and consultant in North America, and he is a National Tile Contractors Association Recognized Consultant. Donato is the founder of CTaSC.