Retail Sales Rose 5.7% YOY in October

Washington, DC, November 17, 2020-Advance estimates of U.S. retail and food services sales for October 2020 were $553.3 billion, an increase of 0.3% from the previous month, and 5.7% above October 2019, according to the U.S. Census Bureau. 

Total sales for the August 2020 through October 2020 period were up 5.1% from the same period a year ago. The August 2020 to September 2020 percent change was revised from up 1.9% to up 1.6%. 

Retail trade sales were up 0.3% from September 2020, and 8.5% above last year. Nonstore retailers were up 29.1% from October 2019, while building material and garden equipment and supplies dealers were up 19.5% from last year. 

Related Topics:U.S. Census Bureau