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FOR IMMEDIATE RELEASE: Wednesday, November 15, 2023

Advance Monthly Sales for Retail and Food Services

CB23-185



Advance Estimates of U.S. Retail and Food Services

Advance estimates of U.S. retail and food services sales for October 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $705.0 billion, down 0.1 percent (±0.5 percent)* from the previous month, and up 2.5 percent (±0.7 percent) above October 2022. Total sales for the August 2023 through October 2023 period were up 3.1 percent (±0.4 percent) from the same period a year ago. The August 2023 to September 2023 percent change was revised from up 0.7 percent (±0.5 percent) to up 0.9 percent (±0.2 percent).

Retail trade sales were down 0.2 percent (±0.5 percent)* from September 2023, and up 1.6 percent (±0.5 percent) above last year. Gasoline Stations were down 7.5 percent (±1.1 percent) from last year, while nonstore retailers were up 7.6 percent (±1.6 percent) from October 2022.


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