Forex Trading News & Analysis

US retail sales little changed in February

Advance estimates of U.S. retail and food services sales for February 2017, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $474.0 billion, an increase of 0.1 percent from the previous month, and 5.7 percent above February 2016. Total sales for the December 2016 through February 2017 period were up 5.4 percent from the same period a year ago.

The December 2016 to January 2017 percent change was revised from up 0.4 percent (±0.5 percent)* to up 0.6 percent (±0.3 percent). Retail trade sales were up 0.1 percent (±0.5 percent)* from January 2017, and up 5.9 percent (±0.7 percent) from last year. Gasoline Stations sales were up 19.6 percent (±1.4 percent) from February 2016, while Nonstore Retailers were up 13.0 percent (±1.8 percent) from last year.

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