Research >> Economics
U.S. Retail Sales for July increase 0.6%, Ex-Auto up 0.4%
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 $446.5 billion, an increase of 0.6 percent (±0.5%) from the previous month, and up 2.4 percent (±0.7%) above July 2014. Total sales for the May 2015 through July 2015 period were up 2.3 percent (±0.7%) from the same period a year ago. The May 2015 to June 2015 percent change was revised from -0.3 percent (±0.5%)* to virtually unchanged (±0.2%)*.
Retail trade sales were up 0.6 percent (±0.5%) from June 2015, and up 1.6 percent (±0.7%) above last year. Food services and drinking places were up 9.0 percent (±3.3%) from July 2014 and motor vehicle and parts dealers were up 6.9 percent (±2.8%) from last year.
Posted: August 13, 2015 Thursday 08:30 AM