Strong monthly sales for NAICS 444

Latest retail sales tally shows hardware and building supply dealers outpacing all sectors.

Monthly sales for U.S. retail and food services for October 2017 increased 0.2% to a seasonally adjusted $486.6 billion. Compared to October 2016, the sales estimate released today by the U.S. Census bureau marked a 4.6% increase.

Among all the kinds of businesses tracked, the category of building material & garden equipment and supplies dealers (NAICS 444, a group that includes home centers, hardware stores and LBM dealers), showed the highest year-over-year growth. The October 2017 estimate for the 444 category was $32.1 billion, up 8.8% from the previous year, but down from September.

NAICS 444 sales, adjusted

October 2017:             $32,120,000,000
September 2017:        $32,516,000,000
October 2016:             $29,530,000,000

Estimates of sales at non-store retailers declined 0.3% compared to September 2017, but gained 6.8% compared to Oct. 2016.

The U.S. Census Bureau’s monthly Advance Sales report is available here.

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