Sales in the clothing and clothing accessories sector were relatively steady, totalling $26.01 billion in September compared to $26.2 billion in August. Overall, the advance estimates for total sales for September 2023, adjusted for seasonal variations and trading-day differences but not for price changes, stood at $704.9 billion. This marks a 0.7 per cent growth from the previous month and a 3.8 per cent increase year-on-year.
Additionally, total sales for the three-month period from July to September 2023 were up by 3.1 per cent from the same period a year ago. Moreover, the percentage change in sales from July to August 2023 was revised upwards from an initial estimate of 0.6 per cent to 0.8 per cent, indicating a more robust performance than initially thought, as per the census bureau.
ALCHEMPro News Desk (DP)
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