Research >> Economics
U.S. Retail Sales for July down 0.1%, Ex-Auto down 0.6%
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 $342.3 billion, a decrease of 0.1 percent (±0.5%) from the previous month and 8.3 percent (±0.7%) below July 2008. Total sales for the May through July 2009 period were down 9.0 percent (±0.5%) from the same period a year ago. The May to June 2009 percent change was revised from +0.6 percent (±0.5%) to +0.8 percent (±0.2%).
Retail trade sales were down 0.1 percent (±0.7%) from June 2009 and 9.4 percent (±0.7%) below last year. Gasoline stations sales were down 32.5 percent (±1.5%) from July 2008 and building material and garden equipment and supplies dealers were down 14.7 percent (±2.0%) from last year.
Posted: August 13, 2009 Thursday 08:30 AM