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Friday, July 14, 2017

Retail Sales Fell in June

There were $473.5 billion in retail and food service sales in June, down 0.2% from the previous month and up 2.8% from June 2016, according to the U.S. Census Bureau. 
Core retail sales – excluding automobiles and parts – also fell 0.2%. Year-over-year core sales increased 2.4%. 

Retail trade sales decreased 0.1% from May and are up 3.0% from last year. Sales at nonstore retailers increased 0.4% from May, while increasing 9.2% year-over-year.

Sales at gasoline stations decreased 1.3% during the month but are up 0.3% from a year ago.

Read the Census release.
Visit Banks and the Economy.

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