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Retail trade, September 2023
Retail sales increased 0.6% to $66.5 billion in September. Sales were up in four of nine subsectors and were led by increases at motor vehicle and parts dealers (+1.5%). Core retail sales—which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers—were down 0.3% in September. In volume terms, retail sales increased 0.3% in September. Retail sales were up 0.6% in the third quarter, while in volume terms, retail sales declined 0.5%. The largest increase to retail sales in September came from motor vehicle and parts dealers (+1.5%). The gain was led by higher sales at new car dealers ... (full story)