Friday, August 13, 2010

Retail Sales Up 0.4% – Led By Auto and Gasoline Sales

In July, retail sales grew 0.4% after two months of declines. The volatility over the past few months has been due, in part, to fluctuations in auto sales and gas prices. Sales excluding autos and gas sales fell slightly by 0.1% over the month, following a 0.2% rise in June. Most retail subcategories saw modest declining sales outside of gasoline and autos.

From a year prior, sales were up 5.5%, down from 8.7% in April, but up from 5.2% in June. Core sales, were up 4.0% from a year earlier, down from 5.0 percent in April and unchanged from June.

10.08.13 (Source: Census Bureau)

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