Tabs

Friday, May 13, 2016

Retail Sales Rose 1.3% in April

There were $453.4 billion of retail and food service sales in April (after adjustment for seasonal variation and holiday and trading-day differences, but not for price changes), up 1.3% from the previous month and 3.0% from a year earlier, according to the U.S. Census Bureau.


Core retail sales – excluding automobiles and parts – increased 0.8% after rising 0.4% in the previous month. Year-over-year core sales increased 3.0%.

Retail trade sales rose 1.4% on the month after falling 0.3% in March, but rose 2.7% from a year ago.

Sales at gasoline stations increased 2.2% in April, but were 9.4% lower than a year ago. Sales at motor vehicle and parts dealers rose 3.2% on the month and were 3.1% higher than in April 2015.

Read the Census release.
Visit Banks and the Economy,

No comments:

Post a Comment

Please read our comment policy before making a comment.