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United States Retail Sales Mom
Last Release
Nov 30, 2024
Actual
0.7
Units In
%
Previous
0.5
Frequency
Monthly
Next Release
Jan 16, 2025
Time to Release
28 Days 13 Hours
Highest | Lowest | Average | Date Range | Source |
18.2 May 2020 | -14.7 Apr 2020 | 0.4 % | 1992-2024 | U.S. Census Bureau |
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%).
Latest Updates
Retail sales in the US increased 0.7% mom in November 2024, following an upwardly revised 0.5% rise in October and above forecasts of 0.5%. The data continued to point to a robust consumer spending during the holiday shopping season. Biggest increases were recorded for sales at motor vehicles and part dealers (2.6%) and nonstore retailers (1.8%). Increases were also seen for sporting goods, hobby, musical instrument, & book stores (0.9%); building material & garden equipment supplies dealers (0.4%); furniture (0.3%); electronics and appliances (0.3%); and gasoline stations (0.1%). In contrast, sales were flat at health and personal care stores and declined at miscellaneous store retailers (-3.5%); food services and drinking places (-0.4%); food and beverages stores (-0.2%); clothing (-0.2%); and general merchandise stores (-0.1%). Meanwhile, sales excluding food services, auto dealers, building materials stores and gasoline stations, which are used to calculate GDP, increased 0.4%.
United States Retail Sales Mom History
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