Retail trade, January 2023

Retail sales increased 1.4% to $66.4 billion in January. Sales increased in seven of nine subsectors, representing 88.7% of retail trade. The increase was led by higher sales at motor vehicle and parts dealers (+3.0%) and gasoline stations and fuel vendors (+2.9%).

Core retail sales—which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers—increased 0.5% in January.

In volume terms, retail sales increased 1.5% in January.

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