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Thursday, September 15, 2016

Retail Sales Fell in August

There were $456.3 billion in retail and food service sales in August, down 0.3% from the previous month and 1.9% from August 2015, according to the U.S. Census Bureau.


Core retail sales – excluding automobiles and parts – fell 0.1% after falling 0.4% in July. Year-over-year core sales increased 2.0%.

Retail trade sales fell 0.5% from July but rose 1.4% from last year. Sales at nonstore retailers fell 0.3% from July, but increased 10.9% year-over-year.

Sales at gasoline stations continued to decline, falling 0.8% during the month and 9.5% from a year ago.

Read the Census release.
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