Retail Sales in USA

United States Retail Sales | Economic News & Forecasts

USA - Retail Sales

Retail sales growth moderates in July

Nominal retail sales increased 1.2% in month-on-month seasonally-adjusted terms in July. The print eased notably from June’s 8.4% growth, and missed market expectations of a 2.3% increase. Retail sales excluding cars, gasoline, building materials and food services—also known as core retail sales—rose 1.5% in July, after growing 7.7% in the month prior.



The rise in retail sales came as certain parts of the country carried on easing lockdown restrictions. Retail sales of electronics and appliances jumped 22.9% in July, while clothing and accessories, and gasoline purchases also jumped notably. Nevertheless, spending on building and equipment services and motor vehicles dipped in July.



In annual terms, retail sales increased 2.7% in July, better than June’s 2.1% rise. Meanwhile, the annual average variation in retail sales growth was stable at June’s 0.3% in July.

FocusEconomics Consensus Forecast panelists project private consumption to contract 5.6% in 2020, which is up 0.2 percentage points from last month’s forecast. For 2021, the panel sees private consumption increasing 4.4%.

United States - Retail Sales Data

2015   2016   2017   2018   2019  
Retail Sales (annual variation in %)2.6  3.0  4.3  4.5  3.6  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

United States Retail Sales Chart


USA Retail

United States Facts

Value Change Date
Bond Yield1.92-0.43 %Dec 31
Exchange Rate1.120.65 %Dec 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form