Tuesday, June 14, 2016

Retail Sales Rose 0.5% in May

There were $455.6 billion of retail and food service sales in May (after adjustment for seasonal variation and holiday and trading-day differences, but not for price changes), up 0.5% from the previous month and 2.5% from a year earlier, according to the U.S. Census Bureau.

Core retail sales – excluding automobiles and parts – increased 0.4% after rising 0.8% in the previous month. Year-over-year core sales increased by 2.7%.

Retail trade sales rose 0.4% on the month compared to a 1.4% rise in April, and rose 2.0% from a year ago.

Sales at gasoline stations increased 2.1% in May, but were 9.5% lower than a year ago. Sales at department stores fell 0.9% on the month, and were 5.8% lower than in May 2015.

Read the Census release.
Visit Banks and the Economy.

1 comment:

Elena Smithson said...

very Great post.. thanks for sharing bro.. keep up the very good work.

retail sales
gift shop
pet shop
cash registers

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