–Both Overall, Ex-Motor Vehicle Sales Post Smaller Gains Than Expected
–Motor Vehicle Sales Up 0.5%, Gasoline Station Sales Down 0.1%
–Sales Excluding Both Motor Vehicles And Gas Up 0.2% On Holiday Sales

By Kevin Kastner

WASHINGTON (MNI) – Retail sales at U.S. stores rose only 0.2% in
November, as a rise in motor vehicle sales was offset by weaker than
expected 0.2% increase in sales exluding motor vehicles and parts, data
released Tuesday morning by the U.S. Commerce Department showed.

Sales excluding both the 0.5% rise in motor vehicles sales and a
0.1% decline in gasoline sales were up 0.2%, with solid gains in the
holiday sales offsetting declines in other categories.

Sales at electronics and appliances stores rose 2.1% after seasonal
adjustment, while sales at clothing stores 0.5%, sales at general
merchandise stores rose 0.3%, and sales at sporting goods stores rose
0.3%.

Those gains in the typical holiday categories were offset by
declines in sales at miscellaneous stores, at building materials stores,
at food and beverage stores, and a food and drinking establishments.

Retail sales were up 6.8% from a year ago, before seasonal
adjustment, a slower pace than the 7.0% year/year rise for total sales
in October. Sales excluding motor vehicles rose 6.5% year/year in
November, slower than the 6.8% rise in October.

Sales rose sharply from October to November in 2010, but the
November monthly increase this year was more modest, resulting in the
year/year slowdown.

** Market News International Washington Bureau: 202-371-2121 **

[TOPICS: MAUDS$,MT$$$$,M$U$$$,MAUDR$]