November Retail Sales Hit 11-Month Highs, Signal Strong Holiday Demand
November Retail Sales Hit 11-Month Highs, Signal Strong Holiday Demand
On a year-over-year basis, retail sales grew by a remarkable 3.8%, the highest since December 2023, up from the upwardly revised 2.9% in October.U.S. retail sales exceeded expectations in November, highlighting consumers' continued resilience in spending as the holiday season began.
美國11月零售銷售超出預期，突顯了消費者在假日季節開始時繼續保持的消費韌性。
Retail and food services sales rose to $724.6 billion in November, a 0.7% increase from October, according to seasonally adjusted advance estimates released Tuesday.
根據週二發佈的季節性調整的初步估計，11月零售和食品服務銷售額達到7246億美元，比10月份增長了0.7%。
The monthly growth outpaced market expectations of a 0.5% rise, based on consensus estimates from TradingEconomics.
與市場預期的0.5%增長相比，月度增長超過了這一預期，這一預期基於TradingEconomics的共識估計。
Auto Sales Rocket
汽車銷售激增
On a year-over-year basis, retail sales grew by a remarkable 3.8%, the highest since December 2023, up from the upwardly revised 2.9% in October.
與去年同期相比，零售銷售增長了顯著的3.8%，爲2023年12月以來的最高水平，高於修正後的10月份的2.9%。
Excluding motor vehicles and parts, retail sales advanced by 0.2% month-over-month, holding steady from October but missing expectations of 0.4%. When stripping out gasoline, motor vehicles, and parts, sales also rose by 0.2% in November, steady from October and below the expected 0.4%.
不包括汽車及其零部件，零售銷售環比增長0.2%，與10月保持穩定，但低於預期的0.4%。如果剔除汽油、汽車及零部件，11月銷售也環比增長0.2%，與10月持平，低於預期的0.4%。
Within spending categories, motor vehicle and parts recorded the largest monthly gain, with sales increasing 2.6% month-over-month and 6.5% year-over-year.
在消費類別中，汽車及零部件錄得最大的月度增幅，銷售環比增長2.6%，同比增長6.5%。
Other increases were found in nonstore retailers, up 1.8% month-over-month and sporting goods, hobby, musical instrument, and book stores, up 0.9% on the month.
其他分類中，非商店零售商的銷售環比增長1.8%，體育用品、愛好、樂器和書籍商店的銷售環比增長0.9%。
On the other hand, miscellaneous store retailers registered the steepest monthly decline, with sales contracting 3.5%, followed by food services and drinking places, which saw sales fall 0.4%.
另一方面，雜貨店零售商的銷售出現了最陡的月度下降，銷售額收縮了3.5%，其次是食品服務和飲品場所，銷售下降了0.4%。
Market Reactions
市場反應
The U.S. dollar index (DXY) which is tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP) strengthened by 0.2%, following the data.
美國美元指數（DXY）在景順Db美元指數看好基金可交易ETF（紐交所：UUP）的跟蹤下，因數據發佈上漲了0.2%。
Treasury yields ticked higher, with the 10-year benchmark up by 2 basis points to 4.42%.
國債收益率略有上升，10年期基準上升2個點子至4.42%。
Futures on major U.S. equity indices edged lower in Tuesday's premarket trading, with S&P 500 contracts down 0.4% and the tech-heavy Nasdaq 100 slipping 0.5%.
主要美國股指的期貨在星期二的盤前交易中略微下跌，S&P 500合約下跌0.4%，以科技股爲主的Nasdaq 100下滑0.5%。
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Photo: Shutterstock
Photo: Shutterstock
