Research >> Economics
U.S. Retail Sales for May increase 0.3%, Ex-Auto up 0.1%
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 $437.6 billion, an increase of 0.3 percent (±0.5) from the previous month, and 4.3 percent (±0.9) above May 2013. Total sales for the March 2014 through May 2014 period were up 4.3 percent (±0.7) from the same period a year ago. The March 2014 to April 2014 percent change was revised from +0.1 percent (±0.5) to +0.5 percent (±0.2).
Retail trade sales were up 0.4 percent (±0.5) from April 2014, and 4.3 percent (±0.9) above last year. Auto and other motor vehicle dealers were up 11.1 percent (±3.2) from May 2013 and nonstore retailers were up 7.4 percent (±2.3) from last year.
Posted: June 12, 2014 Thursday 08:30 AM