The New York City skyline in the United States

United States Retail October 2022

United States: Retail sales post quickest growth since February in October

Retail sales increased 1.3% month-on-month in seasonally-adjusted terms in October (September: 0.0% mom). October’s print marked the best reading since February, and was above market expectations. Looking at the details of the release, momentum improved in the motor vehicle and parts dealers, food and beverages, non-store retailers and gasoline stations subsectors.

On an annual basis, retail sales grew 8.3% in October, which was below Septembers 8.6% expansion. Accordingly, the trend pointed down, with the annual average growth of retail sales coming in at an over one-year low of 11.1% in October, down from September’s 11.8% reading.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen