Retail Sales Up 2.8% YOY in October

Washington, DC, November 15, 2024-Advance estimates of U.S. retail and food services sales for October 2024 were $718.9 billion, an increase of 0.4% from the previous month and up 2.8% from October 2023, according to the U.S. Census Bureau.

Total sales for the August 2024 through October 2024 period were up 2.3% from the same period a year ago. The August 2024 to September 2024 percent change was revised from up 0.4% to up 0.8%.

Retail trade sales were up 0.4% from September 2024 and up 2.6% from last year. Nonstore retailers were up 7.0% from last year, while food services and drinking places were up 4.3% from October 2023.