Monthly sales inch up in December
December retail and food service sales rose by 0.2% above the previous month and 4.1% above December 2012, according to advance estimates released today by the U.S. Census Bureau.
Clocking in at a total figure of $431.9 billion for the month, December’s year-over-year sales performance mirrored that of the larger 12-month period of 2013, which marked a 4.2% improvement over the year of 2012.
Similarly, retail trade sales were up 0.2% from November and 4.0% year-over-year.
December’s highest performers were in the food & beverage stores category (NAICS 445), up 2.0% since November. Year-over-year, nonstore retailers (NAICS 454) showed the biggest jump by far with a 9.9% growth rate. Electronics & appliance stores (NAICS 443) suffered the most at -2.5% for the month and -1.4% for the year.
Building material and garden equipment & supplies dealers (NAICS 444) showed an adjusted sales estimate of $25.78 million in December, down slightly from November’s $25.88 million but still ahead of December 2012’s $25.26 million. The 12-month total for the category came in at $311.6 million, a 5.9% boost over 2012.
NBMDA announces new officers
The North American Building Material Dealers Association (NBMDA) announced the group’s board of directors for 2014.
Donald F. Schalk of C.H. Briggs Company is the president of the organization. Other officers include President-Elect Rick Turk, of Metro Hardwoods; VP Bill Sauter, OHARCO; Treasurer Wayne Moriarty, Atlantic Plywood; and Immediate Past President Michael Darby, Capital Lumber Co.
"We are pleased to have such a strong group of industry professionals leadingthe association into 2014," said NBMDA executive VP Kevin Gammonley.