Research >> Economics
U.S. Retail Sales for May increase 1.2%, Ex-Auto up 0.4%
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 $444.9 billion, an increase of 1.2 percent (±0.5%) from the previous month, and 2.7 percent (±0.9%) above May 2014. Total sales for the March 2015 through May 2015 period were up 2.1 percent (±0.7%) from the same period a year ago. The March 2015 to April 2015 percent change was revised from virtually unchanged (±0.5%) to +0.2 percent (±0.2%).
Retail trade sales were up 1.4 percent (±0.5%) from April 2015, and 2.0 percent (±0.7%) above last year. Motor vehicle and parts dealers were up 8.2 percent (±3.0%) from May 2014 and food services and drinking places were up 8.2 percent (±3.3%) from last year.
Posted: June 11, 2015 Thursday 08:30 AM