Seasonally adjusted retail sales rose more than expected in July, and revisions to May and June sales added another 0.4% to the running total. The Advance Retail Sales Report for July (pdf) from the Census Bureau estimated that our seasonally adjusted retail and food services sales totaled $446.5 billion, which was an increase of 0.6 percent (±0.5%) from June's revised sales of $443.9 billion
April Retail Sales has assuredly disappointed Wall Street and is just one report in a series indicating the U.S. economy has gone into standby mode. Retail sales had no growth and even excluding gasoline sales only grew 0.1%. Autos & parts dropped -0.4% for the month. Without autos & parts sales, April retail sales increased 0.1%. Gasoline sales declined by -0.7%.
The March 2015 Retail Sales report shows retail sales increased 0.9% for the month as auto sales had a major comeback increase of 2.8%. Without autos & parts sales, March retail sales increased 0.4%. Gasoline sales declined by -0.6%. Building materials had a good month with a 2.1% sales increase. Retail sales have now increased 1.3% from a year ago.
The December 2014 Retail Sales report shows retail sales declined -0.9% for the month. As gasoline prices plunged, sales as gas stations dropped a whopping -6.5%. Holiday sales on the other hand, were up 4.0%. Retail sales have now increased 3.2% from a year ago. December retail sales was not just about gas prices as most categories had monthly declines.
The November 2014 Retail Sales report shows retail sales increased 0.7% for the month. This is when gasoline prices have plunged, pulling down retail gas sales. October retail sales were revised upward by 0.2 percentage points to a 0.5% increase. Retail sales have now increased 5.1% from a year ago. November's increase was due to auto sales, although other retail sales categories increased.
September 2014 Retail Sales decreased -0.3% for the month. August was revised to a 0.6% increase. Retail sales have now increased 4.3% from a year ago. September's decline was due to autos and gas, yet many sales categories were down for the month. Even Online retailers declined while Electronics and Appliance stores had an unusual 3.4% monthly increase.
February 2014 Retail Sales increased 0.3% for the month. This is the first increase in three months. January was revised all the way down to -0.6% and December's drop was -0.3%. Retail sales have now increased just 1.5% from a year ago. January's decline was due to a real nose dive in auto sales, down -2.3% for the month. Online retailers continue their rise with a 6.3% increase from a year ago.
December 2013 Retail Sales increased 0.2% for the month on groceries, booze, gas and clothing. Retail sales have now increased 4.1% from a year ago. Electronics & Appliances tanked with their sales down -2.5% for December. Auto sales plunged -1.9% from the previous month, but that's OK, they are still up 6.2% for the year. Holiday sales increased 3.8%, a fine showing of more consumerism in America.
September 2013 Retail Sales decreased by -0.1% on auto sales, which plunged -2.4% from the previous month. Motor vehicle dealers sales have still increased 5.8% from a year ago. Without all motor vehicles & parts sales, September retail sales would have shown a 0.4% increase.
August 2013 Retail Sales increased by 0.2% on auto sales, which increased 0.9% from last month. Motor vehicle dealers are having a good year. Their sales have increased 12.3% from a year ago. Without motor vehicles & parts sales, August retail sales would have been a 0.1% increase from last month. Building materials and clothing dragged retail sales down as they declined -0.9% and -0.8% respectively.
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