U.S. Retail Sales Up 0.1% in April

The U.S. Census Bureau announced on May 13th that advance estimates of U.S. retail and food services sales for April, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $419.0 billion, an increase of 0.1 percent from the previous month, and 3.7 percent above April 2012.

Total sales for the February through April 2013 period were up 3.7 percent from the same period a year ago. The February to March 2013 percent change was revised from -0.4 percent (±0.5%)* to -0.5 percent (±0.2%).

Retail trade sales were virtually unchanged (±0.5%)* from March 2013 and 3.6 percent (±0.7%) above last year. Nonstore retailers were up 15.4 percent (±2.0) from April 2012 and auto and other motor vehicle dealers were up 8.8 percent (±2.0) from last year.

Main contrubutors to the month over month increase were: motor vehicles (+1), electronics and appliances (+0.8), building materials (+1.5) and clothing (+1.2). The value sales of food and gasoline decreased.

U.S. Retail Sales Up 0.1% in April

U.S. Census Bureau, duarte.ricardo@tradingeconomics.com
5/13/2013 1:58:39 PM