Retail Sales Rose 3.8% in January

Retail Sales Rose 3.8% in January

February 16, 2022 from Floor Focus FloorDaily News

Washington, DC, February 16, 2022 – Advance estimates of U.S. retail and food services sales for January 2022 were $649.8 billion, an increase of 3.8% from the previous month and 13.0% above January 2021, according to the U.S. Census Bureau.

Total sales for the November 2021 through January 2022 period were up 16.1% from the same period a year ago. The November 2021 to December 2021 percent change was revised from down 1.9% to down 2.5%.

Retail trade sales were up 4.4% from December 2021 and up 11.4% above last year. Gasoline stations were up 33.4% from January 2021, while food services and drinking places were up 27.0% from last year.

Related Topics:U.S. Census Bureau