Economic Trends
Advance Retail and Food Services Estimates Up
Estimates of U.S. retail and food services sales for November were $639.8 billion, an 18.2% increase over the same period in 2020.
The Home Depot Inc. (NYSE: HD), based in Atlanta, Georgia, announced the appointment of Paula Santilli, CEO of PepsiCo Latin America, and Caryn Seidman-Becker, chair and CEO of CLEAR, to its board of directors.
Advance estimates of U.S. retail and food services sales for November — adjusted for seasonal variation and holiday and trading-day differences, but not for price changes ¬— were $639.8 billion, an increase of 0.3% from the previous month, and 18.2% above November 2020, according to the U.S. Census Bureau.
Total sales for the September through November 2021 period were up 16.2% from the same period a year ago. The September to October 2021 percent change was revised from up 1.7% to up 1.8%
Retail trade sales were up 0.2% from October 2021, and up 16.1% above last year.
Gasoline stations were up 52.3% from November 2020, while food services and “drinking places” were up 37.4%.
