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. source: U.S. Census Bureau

Retail Sales MoM in the United States averaged 0.40 percent from 1992 until 2022, 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 February 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. In the long-term, the U.S. Retail Sales is projected to trend around 0.50 percent in 2024 and 0.40 percent in 2025, according to our econometric models.

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U.S. Retail Sales



Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 01:30 PM Nov -0.6% 1.3% -0.1% 0.2%
2023-01-18 01:30 PM Dec -1.1% -1% -0.8% -0.4%
2023-02-15 01:30 PM Jan -1.1% -0.6%


Related Last Previous Unit Reference
Retail Sales MoM -1.10 -1.00 percent Dec 2022
Retail Sales Ex Autos -1.10 -0.60 percent Dec 2022
Retail Sales YoY 6.00 6.00 percent Dec 2022
Retail Sales Ex Gas and Autos MoM -0.70 -0.50 percent Dec 2022
Chain Store Sales 3252.00 2549.00 USD Million Nov 2022

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
-1.10 -1.00 18.70 -15.20 1992 - 2022 percent Monthly
Current Prices, SA

News Stream
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
US Retail Sales Fall More than Expected
Retail sales in the US declined 0.6% month-over-month in November of 2022, much worse than market forecasts of a 0.1% decline. It is the biggest drop so far this year, with sales of furniture (-2.6%), building materials (-2.5%) and motor vehicles (-2.3%) falling the most during the holiday season. Other decreases were also seen at electronics stores (-1.5%), nonstore retailers (-0.9%), sporting goods, hobby, musical instruments and books (-0.6%), gasoline stations (-0.1%) and general merchandise stores (-0.1%). In contrast, increases were seen in sales at food services and drinking places (0.9%), food and beverage stores (0.8%), health and personal care stores (0.7%) and miscellaneous retailers (0.5%). Data for November which includes the Black Friday and the Cyber Monday during which big discounts are offered, point to a slowdown in consumer spending amid high inflation and interest rates. It also shows that holiday shopping was pulled forward into October, when sales jumped 1.3%.
2022-12-15
US Retail Sales Point to Strong Consumer Spending
Retail sales in the US surged 1.3% month-over-month in October of 2022, the strongest increase in eight months, after a flat reading in September and beating market forecasts of a 1% gain. Sales at motor vehicle dealers were up 1.3% as supply chain constraints have been easing while rising gasoline costs pushed sales at gasoline stations 4.1% higher. Excluding gasoline and autos, retail sales were up 0.9%. Other increases were also seen for sales at food services and drinking places (1.6%), food and beverages stores (1.4%), nonstore retailers (1.2%), furniture (1.1%), building materials (1.1%), and health and personal care (0.5%). On the other hand, sales were down for electronics (-0.3%); sporting goods, hobby, musical and books (-0.3%); and general merchandise stores (-0.2%). October data pointed to resilient consumer spending, despite high inflation and rising borrowing costs. Retail sales aren’t adjusted for inflation.
2022-11-16