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.
Global markets remained defensive as stalled U.S.–Iran negotiations and persistent Middle East tensions continued to fuel inflation concerns and strengthen the dollar.
Global markets remained under pressure as persistent inflation concerns and stalled U.S.–Iran diplomacy reinforced expectations for tighter monetary policy.
Detail Yields Rise While Metals Trade Mixed (05.13.2026)Global markets turned cautious as escalating U.S.–Iran tensions and stronger U.S. inflation data reinforced expectations for higher interest rates.
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