Department of Commerce and NRF report November retail sales up

Commerce reported that November retail sales at $432.3 billion were up 0.7 percent compared to October and up 4.7 percent compared to November 2012. NRF reported that November retail sales, which exclude autos, gas stations, and restaurants, were up 0.6 percent on a seasonally-adjusted basis from October and were up 3.9 percent on an unadjusted basis annually.

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The National Retail Federation and the United States Department of Commerce reported earlier today that holiday spending spurred increased retail sales activity for the month of November.

Commerce reported that November retail sales at $432.3 billion were up 0.7% compared to October and up 4.7% compared to November 2012. Total retail sales from September through November are up 4.1% annually.

To read the full story on the Logistics Management website, click here.

About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

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