NRF: November retail sales rise 0.6%
Washington, D.C. – Retail sales showed slow but steady growth during November 2014. According to the National Retail Federation, retail sales, not including automobiles, gasoline stations or restaurants, increased 0.6% seasonally-adjusted from October and 3.2% unadjusted from November 2013. The increases were in line with NRF’s holiday sales forecast, which anticipates an increase of 4.1% from 2013.
All retail categories had an increase in monthly sales, according to NRF’s analysis. Findings included:
Building material and garden equipment and supplies dealers
+1.4% month-to-month
+4.7% year-over-year
Clothing and clothing accessories stores
+1.2% month-to-month
+2.5% year-over-year
Electronics and appliance stores
+0.9% month-to-month
+6.1% year-over-year
Furniture and home furnishing stores
+0.5% month-to-month
-0.4% year-over-year
General merchandise stores
+0.5% month-to-month
+2.3% year-over-year
Health and personal care stores
+0.8% month-to-month
+4.6% year-over-year
Online and other nonstore retailers
+1% month-to-month
+6.3% year-over-year
Sporting goods, hobby, book & music stores
+0.3% month-to-month
+1.3% year-over-year