–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

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 **