March 2013 retail and food service sales were $418.3 billion, a decrease of 0.4 percent from the previous month but an increase of 2.8 percent from March 2012. Excluding autos, retail and food service sales in March 2013 were $340.5 billion, down 0.4 percent from February, up 2.0 percent from March 2012.
Businesses and individuals rely upon this economic indicator to make decisions every day. It is important to put this indicator into context of the national and global economy. Released monthly, with revisions, by the United States Census Bureau, the retail trade report includes the dollar value of sales from a broad range of goods. The Census Bureau intends to make revisions to include a new sample and
seasonal factors. For more information about how economic indicators affect your personal finances, contact Bryant Wealth Management, Inc.
Chris Bryant, MBA, RFC® is the founder and CEO of Bryant Wealth Management, Inc. a Washington State Registered Investment Adviser. Bryant provides independent, fee-only, financial planning services, portfolio management for businesses and individuals, and conducts educational seminars/workshops. Chris is the author of his new book, Personal Financial Planning.
Chris Bryant is an American financial advisor.