CNBC/NRF Retail Monitor

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U.S. Retail Sales Monthly Report: November 2025 

Released December 12, 2025 

Unlike Census Bureau estimates, the Retail Monitor is powered by real, anonymized credit and debit card transaction data, offering timely and reliable insights without the need for monthly or annual revisions.

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CNBC/NRF Retail Monitor Report November 2025

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Core vs Total U.S. Retail Sales November 2025 

The Retail Monitor calculation of core retail sales was down a slight 0.04% month over month in November but up 4.66% year over year.

  • Total retail sales excludes autos and gas to reduce volatility, offering a broad view of consumer spending.

  • Core retail sales exclude (in addition to auto and gas) restaurants, providing a clearer picture of demand for retail goods.  

U.S. Retail Sales Sector Level Data: November 2025

The Retail Monitor data offers a headline “month-over-month” look at retail sales performance as well as “year-over-year” figures for the following nine sectors:

  1. Building & garden supply stores

  2. Clothing & accessories stores

  3. Digital products (e-books, games, etc.)

  4. Electronics & appliance stores

  5. Furniture & home furnishings stores

  6. General merchandise stores

  7. Grocery & beverage stores

  8. Health & personal care stores

  9. Sporting goods, hobby, music stores and book stores

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CNBC’s Steve Liesman joins ‘Squawk Box’ with the latest results of the CNBC/NRF Retail Monitor.

Unlike Census Bureau estimates, the Retail Monitor is powered by real, anonymized credit and debit card transaction data, offering timely and reliable insights without the need for monthly or annual revisions.

Want to learn more about the Retail Monitor?

 

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