NRF: Holiday Retail Sales Increase
January 16, 2013
According to the National Retail Federation (NRF), December retail sales (excluding automobiles, gas stations and restaurants) increased 0.8 percent seasonally-adjusted from November, and 2.1 percent unadjusted year-over-year.
Total holiday retail sales increased 3 percent, below NRF’s projected forecast of 4.1 percent to $579.8 billion. Additionally, non-store holiday sales grew 11.1 percent. In October, Shop.org forecasted a 12 percent growth in online sales in November and December.
December retail sales, released Jan. 15 by the U.S. Department of Commerce, showed total retail and food services sales (which include non-general merchandise categories, such as automobiles, gasoline stations and restaurants) increased 0.5 percent seasonally-adjusted month-to-month, and 4.7 percent adjusted year-over-year.
Clothing and clothing accessories stores’ sales increased 1 percent seasonally-adjusted month-to-month, and 2.5 percent unadjusted year-over-year.
Electronics and appliance stores’ sales decreased 0.6 percent seasonally-adjusted month-to-month, and 0.4 percent unadjusted year-over-year.
Furniture and home furnishing stores’ sales increased 1.4 percent seasonally-adjusted month-to-month, and 3 percent unadjusted year-over-year.
General merchandise stores’ sales were unchanged seasonally-adjusted month-to-month, and decreased 3.4 percent unadjusted year-over-year.
Health and personal care stores’ sales increased 1.4 percent seasonally-adjusted month-to-month, and decreased 0.7 percent unadjusted year-over-year.