Retail Sales Edge Up in September



WASHINGTON—U.S. retail sales continued their upward climb toward recovery in September, totaling $367.7 billion, up 0.6 percent from August and 7.3 percent higher than in September 2009, according to this morning’s retail-sales report from the U.S. Census Bureau.

September’s sales pickup followed a 0.7 percent month-over-month gain in August, a figured that was revised upward by the Census Bureau from the originally reported 0.4 percent increase.
Within the channels, furniture and home furnishings stores reported September sales of $7.7 billion, a modest 0.5 percent ahead of August and 3.1 percent greater than in last year’s September. However, the department-store channel (excluding leased departments) posted drops of 0.1 percent from August and 0.8 percent year over year, totaling $15.5 billion.

Posted in News, Retail.

Last updated: October 15, 2010