retail sales

Retail Sales 0.4% June Gain Shows Auto Dealers are Having a Good Year

June 2013 Retail Sales increased by 0.4% on auto sales, which increased 2.1% from last month.  Motor vehicle dealers are having a good year.  Their sales have increased 12.9% from a year ago. Without motor vehicles & parts sales, June retail sales would have shown no change from last month.  Furniture had a surprise showing with a 2.4% increase in sales.  If one removes gasoline sales from retail sales, overall the increase would have been 0.3%.

Don't Blame March Retail Sales -0.4% Drop on Gas Prices

March 2013 Retail Sales decreased, by -0.4%.   This is the lowest monthly change in retail sales since June 2012.  Gasoline sales declined the most, -2.2% for the month.  If one removes gasoline sales from retail sales, overall the decrease from February would have been -0.2%, or half of the monthly decline.  Auto sales decreased -0.6% and minus all autos & parts but including gas sales, retail sales dropped -0.4% from last month.  This report should amplify Wall Street's worries people are so tapped out they have stopped spending and ruin their stock market run up.

Retail Sales Increase 1.1% on Gas and Autos for February 2013

February 2013 Retail Sales increased, by 1.1%.   Gasoline sales shot up 5.0% from January on higher prices. If one removes gasoline sales from retail sales, overall the increase from January would have been 0.6%.  Auto sales increased 1.1% and minus all autos & parts but including gas sales, retail sales increased 1.0% from last month.  This report should alleviate Wall Street's worries people are so tapped out they have stopped spending.    It didn't happen, yet.

Retail Sales Only Increase 0.3% Due to Lower Gas Prices for November 2012

November 2012 Retail Sales increased, by 0.3%. Gasoline sales tanked -4.0% from October on lower prices. If one removes gasoline sales from retail sales, overall the increase from October would have been 0.8%. Auto sales increased 1.6% and minus all autos & parts but including gas sales, retail sales had no change from last month. Retail sales are reported by dollars, not by volume with price changes removed.

Retail Sales Decline -0.3% for October 2012

October 2012 Retail Sales decreased, by -0.3%, Autos & Parts alone dropped -1.5% while auto dealers, part of autos & parts sales, declined by -1.6%. Minus autos & parts, retail sales had no change from last month. September's monthly percentage change was revised upward, from 1.1% to 1.3%. Retail sales are reported by dollars, not by volume, so dropping prices often reports as a decline in sales.

Retail Sales Decline, -0.5%, Quarterly Sales Decline -0.2%, Not Seen Since Q1 2009

June 2012 Retail Sales decreased, by -0.5%, and this month one cannot blame just falling gas prices. Autos & Parts alone dropped -0.6% while auto dealers, part of Autos & Parts, declined -0.7%. Minus autos & parts, retail sales also decreased, -0.4%. This is the 3rd month in a row retail sales have declined. June Retail sales are up 3.8% from the same time last year.

Retail Sales Decrease -0.2% for May 2012 on Falling Gas Prices

May 2012 Retail Sales decreased, by -0.2%, mainly due to dropping gas prices. Minus autos & parts, retail sales also decreased, -0.4%. April retail sales were revised down from 0.1% to -0.2%. May Retail sales are up 5.3% from the same time last year. Retail sales are reported by dollars, not by volume, so dropping prices often reports as a decline in sales.

 

Retail Sales Increase 0.4% for January 2012

January 2012 Retail Sales increased 0.4%. Minus autos & parts, retail sales increased 0.7%. December retail sales were revised down from 0.1% to 0%, or no change from the previous month. Retail sales are up 5.8% from the same time last year. Retail sales are reported by dollars, not by volume, so dropping prices often reports as a decline in sales.

 

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