Research >> Economics
U.S. Retail Sales for May 2021 decrease 1.3%, Ex-Auto down 0.7%
Advance estimates of U.S. retail and food services sales for May 2021, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $620.2 billion, a decrease of 1.3% (±0.5 percent) from the previous month, but 28.1 percent (±0.7 percent) above May 2020. Total sales for the March 2021 through May 2021 period were up 36.2 percent (±0.5 percent) from the same period a year ago. The March 2021 to April 2021 percent change was revised from virtually unchanged (±0.5 percent)* to up 0.9 percent (±0.2 percent).
Retail trade sales were down 1.7 percent (± 0.5 percent) from April 2021, but up 24.4 percent (± 0.7 percent) above last year. Clothing and clothing accessories stores were up 200.3 percent (±2.8 percent) from May 2020, while food services and drinking places were up 70.6 percent (±3.0 percent) from last year.
Posted: June 15, 2021 Tuesday 08:30 AM