After adjusting for seasonal variance, holiday and trading-day differences, and price changes, the advance estimates for November retail and food services sales in the United States came to $724.6 billion.
This represented a 0.7% increase (±0.5%) compared to the previous month and a 3.8% rise (±0.5%) from November 2023. Sales from September through November 2024 were up 2.9% (±0.5%) compared to the same period in the previous year. The change from September to October 2024 was revised upward from 0.4% (±0.5%) to 0.5% (±0.1%). Retail trade sales increased by 0.9% (±0.5%) from October 2024 and were up 4.1% (±0.5%) from the previous year. Sales of motor vehicles and parts dealers rose by 6.5% (±1.8%) compared to last year, while nonstore retailers saw a significant 9.8% increase (±1.4%) from November 2023.
On June 6, global markets were mixed as investors awaited the U.S. nonfarm payrolls report and kept a close eye on geopolitical tensions.
Detail U.S. Jobless Claims Rise in Early JuneThe number of Americans filing new claims for unemployment benefits increased in the final week of May, suggesting some softening in the labor market.
Detail Weak U.S. Data Supports Safe Haven Demand (06.05.2025)Markets remained cautious on Thursday as investors awaited the ECB's expected rate cut and Friday's key U.S. jobs data.
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