Retail Sales in United States
The American economy recorded an average growth rate of 5.1% in retail sales over the decade to 2024, below Major Economies's average of 4.1%. In 2024, the United States's retail sales growth was 2.6%.
United States Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for United States from 2014 to 2025.
Source: Macrobond.
United States Retail Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | 18.1 | 9.1 | 3.5 | 2.6 | 4.0 |
Retail sales lose momentum in June
Latest reading: Nominal retail sales were up 0.2% in seasonally adjusted month-on-month terms in June, following a 1.0% increase in the prior month. Relative to the prior month's data, readings in June softened for food and beverages (-0.2% in seasonally adjusted month-on-month terms vs +0.2% in May), general merchandise stores (+0.1% vs +0.4% in May) and gasoline stations (-5.3% vs +2.6% in May). In contrast, readings improved for motor vehicle and parts dealers (+1.9% vs +1.1% in May) and non-store retailers (+1.9% vs +1.4% in May). In annual terms, retail sales increased 6.7% in June, following a 7.3% increase in the prior month.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects American retail projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for American retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our American retail projections.
Want to get access to the full dataset of American retail forecasts? Send an email to info@focus-economics.com.
Latest Global Retail News
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