real retail sales

Real Retail Sales Up 1.4% in 4th Quarter, Will Add 1.32% to 4th Quarter GDP

We'll start by looking at the Advance Monthly Retail Sales Report for December from the Census Bureau, which estimated that our total seasonally adjusted retail and food services sales were at $431.9 billion, which was 0.2 percent (±0.5%)* higher than November sales. Before the seasonal adjustment, December's sales were estimated at $488.7 billion, up 13.2% from November's $431.8 billion, about the increase we would expect for December.