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12/15/2021

Mixed results from monthly sales

NAICS 444 data for November shows gains, and also declines.

Sales of Building material and garden equipment and supplies dealers—including home centers and hardware stores—were $38,885 million in November, that's up 12.1% from $34,662 million a year ago.

But the November figure for NAICS 444 businesses is also down from October's unadjusted figure of $39,837 million. 

On an adjusted basis, NAICS 444 sales were up slightly from October: $40,579 million vs. $40,279 million.

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Those numbers were released Wednesday by the U.S. Census Bureau in its Advance Monthly Retail Trade Report. 

Overall, retail and food services sales for November were up 0.3% to $639.8 billion. That's up 18.2% from a year ago. 

The categories of retail that showed the most monthly movement on a monthly basis were heading in the wrong direction. Department stores were down 5.4% and electronics and appliance stores were down 4.6%.

On an annual basis, sales were up. significantly across the board, led by gasoline stations (up 52.3%), food services and drinking places (up 37.4%), and clothing and accessories stores (up 34.8%).

Click here for the U.S. Census Bureau report.