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Friday, May 12, 2017

Retail Sales Grew in April

There were $474.9 billion in retail and food service sales in April, up 0.4% from the previous month and up 4.5% from April 2016, according to the U.S. Census Bureau. March’s estimate was revised from down 0.2% to up 0.1%. 
Core retail sales – excluding automobiles and parts grew 0.3%. Year-over-year core sales increased 4.5%. 

Retail trade sales increased 0.4% from March and are up 4.5% from last year. Sales at nonstore retailers increased 1.4% from March, while increasing 11.9% year-over-year.

Sales at gasoline stations increased 0.2% during the month, but are up 12.3% from a year ago.

Read the Census release.
Visit Banks and the Economy.

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