Research >> Economics
U.S. Retail Sales for March Decreased 8.7%, Ex-Auto down 4.5%
Advance estimates of U.S. retail and food services sales for March 2020, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $483.1 billion, a decrease of 8.7 percent (±0.4 percent) from the previous month, and 6.2 percent (±0.7 percent) below March 2019. Total sales for the January 2020 through March 2020 period were up 1.1 percent (±0.5 percent) from the same period a year ago. The January 2020 to February 2020 percent change was revised from down 0.5 percent (±0.4 percent) to down 0.4 percent (±0.2 percent).
Retail trade sales were down 6.2 percent (±0.4 percent) from February 2020, and 3.8 percent (±0.7 percent) below last year. Food and beverage stores were up 28.0 percent (±0.9 percent) from March 2019, while clothing and clothing accessories stores were down 50.7 percent (±1.8 percent) from last year.
Posted: April 15, 2020 Wednesday 08:30 AM