Research >> Economics
U.S. Retail Sales for June Increased 7.5%, Ex-Auto up 7.3%
Advance estimates of U.S. retail and food services sales for June 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $524.3 billion, an increase of 7.5 percent (± 0.5 percent) from the previous month, and 1.1 percent (± 0.7 percent) above June 2019. Total sales for the April 2020 through June 2020 period were down 8.1 percent (± 0.5 percent) from the same period a year ago. The April 2020 to May 2020 percent change was revised from up 17.7 percent (± 0.5 percent) to up 18.2 percent (± 0.3 percent).
Retail trade sales were up 6.4 percent (± 0.5 percent) from May 2020, and 5.0 percent (± 0.7 percent) above last year. Nonstore retailers were up 23.5 percent (± 1.4 percent) from June 2019, while building material and garden equipment and supplies dealers were up 17.3 percent (± 2.1 percent) from last year.
Posted: July 16, 2020 Thursday 08:30 AM