Retail sales in the US unexpectedly increased 0.7 % mom in September of 2021, following an upwardly revised 0.9% surge in August, beating market forecasts of a 0.2% fall, in another sign of resilience from consumers despite supply constraints which affect vehicles and computers among other goods. Biggest increases were seen in sales at sporting goods, hobby, musical and book stores (3.7%); general merchandise stores (2%); gasoline stations (1.8%); miscellaneous retailers (1.8%); and clothing (1.1%). Sales also increased at motor vehicles and parts (0.5%) and food and beverages stores (0.7%). On the other hand, falls were seen in sales at health and personal care (-1.4%) and electronics and appliances (-0.9%). Excluding autos, sales were up 0.8%. source: U.S. Census Bureau
Retail Sales MoM in the United States averaged 0.39 percent from 1992 until 2021, reaching an all time high of 18.20 percent in May of 2020 and a record low of -14.70 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 October of 2021.
Retail Sales MoM in the United States is expected to be 0.80 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 1.00 percent in 2022 and 0.40 percent in 2023, according to our econometric models.