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Retail sales: Difference between revisions
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!M/M | !M/M | ||
!Y/Y | !Y/Y | ||
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|September 14, 2023 | |||
|0.60% | |||
|0.20% | |||
|2.47% | |||
| | |||
| | |||
| | |||
|- | |- | ||
|August 15, 2023 | |August 15, 2023 | ||
|0. | |0.50% | ||
|0.40% | |0.40% | ||
| | |2.64% | ||
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* Some of the categories that saw decline in sales include furniture(-1.8%) and electronics and appliances(-1.3%). | * Some of the categories that saw decline in sales include furniture(-1.8%) and electronics and appliances(-1.3%). | ||
* The numbers point to solid demand given that they are not adjusted for inflation and that Consumer Price Index rose 0.2% in July. | * The numbers point to solid demand given that they are not adjusted for inflation and that Consumer Price Index rose 0.2% in July. | ||
=== August 2023 === | |||
* U.S retail sales rose 0.6% in August<ref>https://www.census.gov/retail/marts/www/marts_current.pdf</ref>, below estimate for a 0.1% increase<ref>https://www.bloomberg.com/news/articles/2023-09-14/us-retail-sales-top-estimates-on-higher-gasoline-prices</ref> and an increase of 0.5% in July(revised down from 0.7%). | |||
* Control group sales which excludes food services, auto dealers, building materials stores and gasoline stations rose 0.1% versus estimate for a 0.1% decline. | |||
* Some of the categories that saw big increase in sales include gasoline stations(+5.2%), Clothing & clothing accessories stores(+0.9%), and electronics and appliance stores(+0.7%). | |||
* Categories that saw decline in sales include Sporting goods, hobby, musical instrument, & book stores(-1.6%), furniture(-1.0%), and miscellaneous stores(-1.3%). | |||
* The numbers are not adjusted for inflation. | |||
== References == | == References == | ||
<references /> | <references /> | ||