Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

U.S. Holiday Retail Sales Up 3.0% to $579.8 Billion
Jan 16, 2013
 Printable format
 Email this Article
 Search

December retail sales in the United States, excluding automobiles, gas stations and restaurants, were up 0.8% seasonally adjusted from November and increased 2.1% unadjusted year-over-year, according to the National Retail Federation.

NRF said solid consumer spending in December helped retailers end 2012 with a "healthy" holiday shopping season, but below NRF's pre-season forecast.

Retail sales for the holiday retail shopping season - December and November - were up 3.0%. In October, the association projected growth of 4.1%, to $579.8 billion.

Non-store (mostly online) holiday sales grew 11.1%, below Shop.org's October forecast of 12.0% growth.

NRF President and CEO Matthew Shay blamed the low increase on the economic uncertainty and the looming fiscal cliff.

"As the number shows, these issues had a visible impact on consumer spending this holiday season," Shay said. "We can't expect consumers to continue to carry the burden of growing our economy - Washington must put political differences aside and do what it takes to get our country growing again and Americans back to work."

December retail sales from the U.S. Department of Commerce showed total retail and foodservices sales - including non- automobiles, gasoline stations, and restaurants - increased 0.5% seasonally adjusted month-to-month and increased 4.7% adjusted year-over-year.

The report found that, in December 2012, sales at electronics and appliance stores were down 0.6% seasonally-adjusted month-to-month and were down 0.4% unadjusted year-over-year.

Back to Daily News

 

Daily News

...........................................................

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Ar├želik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows