Research >> Economics
U.S. Retail Sales for May fell 0.2%, Ex-Auto up 0.3%
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for May, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $387.1 billion, a decrease of 0.2 percent (±0.5%) from the previous month, but 7.7 percent (±0.7%) above May 2010. Total sales for the March through May 2011 period were up 7.5 percent (±0.5%) from the same period a year ago. The March to April 2011 percent change was revised from +0.5 percent (±0.5%) to +0.3 percent (±0.3%).
Retail trade sales were down 0.3 percent (±0.5%) from April 2011, but 8.0 percent (±0.7%) above last year. Gasoline stations sales were up 22.3 percent (±1.7%) from May 2010 and nonstore retailers sales were up 15.9 percent (±3.1%) from last year.
Posted: June 14, 2011 Tuesday 08:30 AM