Research >> Economics
U.S. Retail Sales for July up 0.5%, Ex-Auto up 0.5%
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for July, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $390.4 billion, an increase of 0.5 percent (±0.5%) from the previous month, and 8.5 percent (±0.7%) above July 2010. Total sales for the May through July 2011 period were up 8.2 percent (±0.3%) from the same period a year ago. The May to June 2011 percent change was revised from +0.1 percent (±0.5%) to +0.3 percent (±0.3%).
Retail trade sales were up 0.5 percent (±0.5%) from June 2011, and 8.9 percent (±0.7%) above last year. Gasoline stations sales were up 23.6 percent (±1.7%) from July 2010 and nonstore retailers sales were up 14.1 percent (±2.8%) from last year.
Posted: August 12, 2011 Friday 08:30 AM