September retail sales see gains, reports Commerce and NRF

Retail sales saw gains in September, according to data respectively issued today by the United States Census Bureau of the Department of Commerce and the National Retail Federation (NRF).

Commerce reported that total September retail sales, at $714.4 billion, rose 0.4% compared to August and were up 1.7% annually. It added that total retail sales from July through September headed up 2.4% compared to the same period a year ago.

Looking at specific retail segments, Commerce stated that retail trade sales were up 0.3% over August and increased 1.5% annually. And non-store retailers, which includes e-commerce, headed up 7.1% annually, down from 7.8% in August, with food services and drinking places seeing a 3.7% annual gain, up from 2.7% in August.

NRF reported that its calculation of September retail sales, which is based on Census data and excludes automobile dealers, gas stations, and restaurants, saw retail sales rise 0.4% on a seasonally-adjusted basis month-over-month, topping August’s 0.1% increase, and were up 1.7% on an unadjusted basis annually, down from 2.2% in August.

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