By SCMR Staff ·
February 15, 2024
Commerce reported that January retail sales, at $700.3 billion, were off 0.8% compared to December and up 0.6% compared to January 2023. NRF reported that January’s core retail sales, which it bases on Census data and excludes automobile dealers, gasoline stations, and restaurants, fell 0.8%, from December to January, while increasing 2.8% annually.
By LM Staff ·
November 16, 2023
Commerce reported that total October retail sales, at $705.0 billion, were off 0.1% compared to September and posted a 2.5% annual gain. NRF reported that October retail sales, which does not include automobile dealers, gasoline stations, and restaurants, increased 3.1% annually on an unadjusted basis on a three-month moving average through October, while posting a 3.7% annual gain through the first ten months of 2023.
By Jeff Berman ·
August 15, 2023
Commerce reported that July retail sales, at $696.4 billion, were up 0.7%, from June to July, and up 3.2% annually. NRF reported that July retail sales, which does not include automobile dealers, gasoline stations, and restaurants, rose 1% on a seasonally-adjusted basis over June and increased 3.8% annually on an unadjusted basis.
By Jeff Berman ·
July 18, 2023
Commerce reported that June retail sales, at $689.5 billion, rose 0.2% over May and saw a 1.5% annual increase. NRF reported that June retail sales, which does not include automobile dealers, gasoline stations, and restaurants, were up 0.4%, from May to June and were up 3.3% on an unadjusted basis annually.
By Jeff Berman ·
May 16, 2023
Commerce reported that April retail sales—at $686.1 billion—were up 0.4% compared to March and were up 1.6% annually. And from February through April, it said retail sales increased 3.1% compared to the same period a year ago. NRF reported that April retail sales, which does not include automobile dealers, gasoline stations, and restaurants, were up 0.6% over March and were up 2% on an unadjusted basis annually. And on a three-month moving average through April, NRF said that retail sales were up 3.7% annually on an unadjusted basis.
By SCMR Staff ·
March 30, 2023
That’s higher than the pre-pandemic average annual growth rate of 3.6%.
By LM Staff ·
March 15, 2023
Commerce reported that February retail sales—at $697.9 billion—were off 0.4% compared to January and up 5.4% annually. And it added that total retail sales, from December through February, saw a 6.4% annual gain compared to the same period a year ago. NRF reported that its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants, pointed to a 0.5% increase over January and a 6.5% on an unadjusted annual basis.
By SCMR Staff ·
February 15, 2023
Commerce reported that January retail sales—at $697.0 billion—were up 3% compared to January and up 6.4% annually. NRF reported that its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants to focus on core retail, saw January increase 1.5% compared to December and a 4.8% increase on an unadjusted basis annually.
By MMH Staff ·
February 15, 2023
Commerce reported that January retail sales—at $697.0 billion—were up 3% compared to January and up 6.4% annually. NRF reported that its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants to focus on core retail, saw January increase 1.5% compared to December and a 4.8% increase on an unadjusted basis annually.
By LM Staff ·
February 15, 2023
Commerce reported that January retail sales—at $697.0 billion—were up 3% compared to January and up 6.4% annually. NRF reported that its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants to focus on core retail, saw January increase 1.5% compared to December and a 4.8% increase on an unadjusted basis annually.
By LM Staff ·
January 18, 2023
Commerce reported that December retail sales—at $677.1 billion—fell 1.1% compared to November, while posting a 6.0% annual gain, and NRF reported that December retail sales were off 0.6% on seasonally-adjusted basis compared to November and were up 5% on an unadjusted basis annually.
By LM Staff ·
January 18, 2023
Commerce reported that December retail sales—at $677.1 billion—fell 1.1% compared to November, while posting a 6.0% annual gain, and NRF reported that December retail sales were off 0.6% on seasonally-adjusted basis compared to November and were up 5% on an unadjusted basis annually.
By Jeff Berman ·
November 16, 2022
The United States Department of Commerce’s U.S. Census Bureau reported that October retail sales—at $694.5 billion—rising 1.3% compared to September and were up 8.3% annually. And for the August through October period, retail sales increased a collective 8.9% annually. And the National Retail Federation (NRF) reported that its calculation of retail sales, which excludes sales for automotive dealers, gasoline stations and restaurants to focus on core retail, pointed to a 0.7% increase from September and a 6.5% unadjusted annual gain.
By Jeff Berman ·
November 16, 2022
The United States Department of Commerce’s U.S. Census Bureau reported that October retail sales—at $694.5 billion—rising 1.3% compared to September and were up 8.3% annually. And for the August through October period, retail sales increased a collective 8.9% annually. And the National Retail Federation (NRF) reported that its calculation of retail sales, which excludes sales for automotive dealers, gasoline stations and restaurants to focus on core retail, pointed to a 0.7% increase from September and a 6.5% unadjusted annual gain.
By Jeff Berman ·
November 3, 2022
The holiday sales forecast numbers are encouraging, with NRF forecasting holiday retail sales to increase 6%-to-8% annually, coming in between $942.6 billion-to-$960.4 billion. In 2021, retail sales were up 13.5% compared to 2020, due likely to the timing of the pandemic in 2020, at $899.3 billion, setting a new all-time record. What’s more, it said that over the last 10 years, holiday retail sales have seen an average increase of 4.9%, with the caveat that pandemic-related spending over the last couple of years represented a large portion of those gains.