Research >> Economics
U.S. Retail Sales for May down 1.2%, Ex-Auto down 1.1%
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for May, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $362.5 billion, a decrease of 1.2 percent (±0.5%) from the previous month, but 6.9 percent (±0.7%) above May 2009. Total sales for the March through May 2010 period were up 8.1 percent (±0.3%) from the same period a year ago. The March to April 2010 percent change was revised from +0.4 percent (±0.5%) to +0.6 percent (±0.4%).
Retail trade sales were down 1.4 percent (±0.5%) from April 2010, but 7.4 percent (±0.7%) above last year. Gasoline stations sales were up 20.2 percent (±1.8%) from May 2009 and nonstore retailers sales were up 15.6 percent (±1.8%) from last year.
Posted: June 11, 2010 Friday 08:30 AM