Retail sales in the US increased 0.4% mom in April of 2023, rebounding from two consecutive months of declines, but well below market forecasts of a 0.8% increase. Sales at motor vehicles and part dealers were up 0.4% and other increases were seen in sales at building material & garden supplies dealers (0.5%); food services and drinking places (0.6%); health and personal care stores (0.9%); merchandise stores (0.9%); nonstore retailers (1.2%); and miscellaneous store retailers (2.4%). On the other hand, sales at gasoline stations unexpectedly declined 0.8%, despite a rise in the price of gasoline and sales at food and beverage stores went down 0.2%. Other decreases were also recorded for clothing (-0.3%); electronics (-0.5%); furniture (-0.7%); and sporting goods, hobby, musical and books (-3.3%). However, the so-called core retail sales which exclude automobiles, gasoline, building materials and food services, increased at a faster 0.7%, in a sign of sustained consumer demand. 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 19.00 percent in May of 2020 and a record low of -14.60 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 June of 2023.
Retail Sales MoM in the United States is expected to be -0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.