Retail sales in the US were down 0.4% month-over-month in February of 2023, compared to market forecasts of a 0.3% fall, and following an upwardly revised 3.2% surge in January which was the biggest gain since March of 2021. The biggest decreases were seen in sales at furniture stores (-2.5%), food services and drinking places (-2.2%), miscellaneous retailers (-1.8%), motor vehicles and part dealers (-1.8%), clothing stores (-0.8%), gasoline stations (-0.6%). In contrast, increases were seen in nonstore retailers (1.6%), health (0.9%), food and beverages stores (0.5%), general merchandise stores (0.5%) and electronics and appliances (0.3%). Excluding autos, sales were down 0.1% and excluding gas and autos, sales were flat. On the other hand, the so-called core retail sales which exclude automobiles, gasoline, building materials and food services and relate more with the consumer spending component of GDP, increased 0.5%. Retail sales aren’t adjusted for inflation. source: U.S. Census Bureau

Retail Sales MoM in the United States averaged 0.40 percent from 1992 until 2023, reaching an all time high of 18.70 percent in May of 2020 and a record low of -15.20 percent in April of 2020. This page provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news. U.S. Retail Sales - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Retail Sales MoM in the United States is expected to be -0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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U.S. Retail Sales



Calendar GMT Actual Previous Consensus TEForecast
2023-02-15 01:30 PM Jan 3% -1.1% 1.8% 1.2%
2023-03-15 12:30 PM Feb -0.4% 3.2% -0.3% -0.2%
2023-04-14 12:30 PM Mar -0.4% -0.4%


Related Last Previous Unit Reference
Retail Sales MoM -0.40 3.20 percent Feb 2023
Retail Sales Ex Autos -0.10 2.40 percent Feb 2023
Retail Sales YoY 5.40 7.70 percent Feb 2023
Retail Sales Ex Gas and Autos MoM 0.00 2.80 percent Feb 2023
Chain Store Sales 1849.00 4938.00 USD Million Jan 2023

U.S. Retail Sales
Retail sales report in the US provides aggregated measure of sales of retail goods and services over a period of a month. There are thirteen major types of retailers: Motor vehicle & parts dealers (around 20 percent of total sales), Food & beverage stores (13%), General merchandise stores (12.5%), Food services & drinking places (11%), Gasoline stations (10%), Nonstore retailers (9.2%), Building material & garden dealers (6%), Health & personal care stores (6%), Clothing & clothing accessories stores (5%), Miscellaneous store retailers (2.3%), Furniture stores (2%), Electronics & appliance stores (2%) and Sporting goods, hobby, book & music stores (1.7%).
Actual Previous Highest Lowest Dates Unit Frequency
-0.40 3.20 18.70 -15.20 1992 - 2023 percent Monthly
Current Prices, SA

News Stream
US Retail Sales Fall Slightly More than Expected
Retail sales in the US were down 0.4% month-over-month in February of 2023, compared to market forecasts of a 0.3% fall, and following an upwardly revised 3.2% surge in January which was the biggest gain since March of 2021. The biggest decreases were seen in sales at furniture stores (-2.5%), food services and drinking places (-2.2%), miscellaneous retailers (-1.8%), motor vehicles and part dealers (-1.8%), clothing stores (-0.8%), gasoline stations (-0.6%). In contrast, increases were seen in nonstore retailers (1.6%), health (0.9%), food and beverages stores (0.5%), general merchandise stores (0.5%) and electronics and appliances (0.3%). Excluding autos, sales were down 0.1% and excluding gas and autos, sales were flat. On the other hand, the so-called core retail sales which exclude automobiles, gasoline, building materials and food services and relate more with the consumer spending component of GDP, increased 0.5%. Retail sales aren’t adjusted for inflation.
2023-03-15
US Retail Sales Surge 3%
Retail sales in the US unexpectedly jumped 3% month-over-month in January of 2023, the biggest increase since March of 2021 and way above market forecasts of a 1.8% rise. It follows a 1.1% drop in December. Biggest rises were seen in sales at department stores (17.5%), food services and drinking places (7.2%), motor vehicles and parts (5.9%), furniture stores (4.4%), electronics and appliances (3.5%), miscellaneous stores (2.8%) and clothing (2.5%). On the other hand, sales at gasoline stations were flat. Excluding autos, sales increased 2.3% and excluding gas and autos 2.6%. The so-called core retail sales which exclude automobiles, gasoline, building materials and food services and relate more with the consumer spending component of GDP, were up 1.7%. The data showed that consumer spending remains robust after a slowdown last year, amid a strong labour market, wage growth and signs of easing inflationary pressures. Retail sales aren’t adjusted for inflation.
2023-02-15
US Retail Sales Fall More than Expected
Retail sales in the US declined 1.1% month-over-month in December 2022, following an upwardly revised 1% drop in November and worse than forecasts of a 0.8% fall. Sales at gasoline stations recorded the biggest decrease (-4.6%), followed by furniture stores (-2.5%), motor vehicle dealers (-1.2%), electronics and appliances stores (-1.1%), miscellaneous (-1.1%) and nonstore retailers (-1.1%). In contrast, sales were up 0.3% in building materials and garden equipment stores (0.3%) and sporting goods, musical instruments and book sellers (0.1%). Sales at food and beverage stores were flat. Retail sales aren’t adjusted for inflation and part of the decrease in December can be explained by a fall in goods prices during the month and a holiday shopping that was pulled forward into October. However, excluding sales at gasoline stations, sales were down 0.8%, in another sign of a weaker-than-expected holiday shopping and a slowdown in consumer spending amid high inflation and interest rates.
2023-01-18