US retail sales rose 1.2 percent from a month earlier in July 2020, easing from an upwardly revised 8.4 percent growth in June and missing market expectations of 1.9 percent advance. The latest reading suggested that a resurgence in COVID-19 infections and a reduction in unemployment benefit checks likely weighed on domestic demand. There were increases in sales at electronics & appliance stores (22.9 percent vs 37.6 percent in June), gasoline stations (6.2 percent vs 14.8 percent), miscellaneous store retailers (6.2 percent vs 21.7 percent), restaurants & bars (5.0 percent vs 26.7 percent), and health & personal care stores (3.6 percent vs 6.9 percent). At the same time, declines were seen in trade at motor vehicle & parts dealers (-1.2 percent vs 9.1 percent), building materials stores (-2.9 percent vs 0.8 percent) and sporting goods, hobby, musical instrument, & book stores (-5.0 percent vs 27.6 percent).

Retail Sales MoM in the United States averaged 0.36 percent from 1992 until 2020, reaching an all time high of 18.30 percent in May of 2020 and a record low of -14.70 percent in April of 2020. This page provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news. U.S. Retail Sales - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: U.S. Census Bureau

Retail Sales MoM in the United States is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in the United States to stand at 0.30 in 12 months time. In the long-term, the U.S. Retail Sales is projected to trend around 2.40 percent in 2021 and 0.40 percent in 2022, according to our econometric models.

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U.S. Retail Sales

Actual Previous Highest Lowest Dates Unit Frequency
1.20 8.40 18.30 -14.70 1992 - 2020 percent Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-15 12:30 PM Apr -16.4% -8.3% -12% -11.8%
2020-06-16 12:30 PM May 17.7% -14.7% 8% 7.5%
2020-07-16 12:30 PM Jun 7.5% 18.2% 5% 4.5%
2020-08-14 12:30 PM Jul 1.2% 8.4% 1.9% 2%
2020-09-16 12:30 PM Aug 1.2%
2020-10-16 12:30 PM Sep 1.5%
2020-11-17 01:30 PM Oct
2020-12-16 01:30 PM Nov


News Stream
US Retail Sales Rise Less than Forecast
US retail sales rose 1.2 percent from a month earlier in July 2020, easing from an upwardly revised 8.4 percent growth in June and missing market expectations of 1.9 percent advance. The latest reading suggested that a resurgence in COVID-19 infections and a reduction in unemployment benefit checks likely weighed on domestic demand. There were increases in sales at electronics & appliance stores (22.9 percent vs 37.6 percent in June), gasoline stations (6.2 percent vs 14.8 percent), miscellaneous store retailers (6.2 percent vs 21.7 percent), restaurants & bars (5.0 percent vs 26.7 percent), and health & personal care stores (3.6 percent vs 6.9 percent). At the same time, declines were seen in trade at motor vehicle & parts dealers (-1.2 percent vs 9.1 percent), building materials stores (-2.9 percent vs 0.8 percent) and sporting goods, hobby, musical instrument, & book stores (-5.0 percent vs 27.6 percent).
2020-08-14
US Retail Sales Rise More than Expected
Retail sales in the US surged 7.5% month-over-month in June of 2020, following an upwardly revised record 18.2% rise in May. Figures beat market forecasts of a 5% gain as more businesses reopened and domestic trade continues to recover from a slump in April due to the coronavirus lockdown. The biggest increases were seen in sales at clothing stores (105.1%); electronics and appliances (37.4%); furniture (32.5%); sporting goods, music and books (26.5%); food services and drinking places (20%); miscellaneous (17.7%); and gasoline stations (15.3%). Sales also increased at motor vehicle dealers (8.2%); health and personal care (3.5%); and general merchandise (2.7%). In contrast, sales fell for nonstore retailers (-2.4%); food and beverages stores (-1.2%); and building material and gardening equipment (-0.3%). Year-on-year, retail sales went up 1.1%.
2020-07-16
US Retail Sales Recovers at Record Pace
Retail sales in the US jumped 17.7 percent from a month earlier in May of 2020, recovering from a record 14.7 percent fall in April, and much better than forecasts of an 8 percent increase. It is the biggest rise on record as Americans went back to work and many stores reopened after the coronavirus lockdown. Biggest increases were seen in stores with clothing (188 percent); furniture (89.7 percent); sporting goods, hobby, musical instrument, & book stores (88.2 percent); electronics and appliances (50.5 percent); motor vehicles (44.1 percent); food services and drinking places (29.1 percent); miscellaneous stores (13.6 percent); and gasoline stations (12.8 percent). Still, compared to the same month in 2019, retail sales fell 6.1 percent. Also, sales were 12.7 percent lower in the three months to May than in the 3 months to February before the pandemic started.
2020-06-16
US Retail Sales Plunge at Record Pace
Retail sales in the US sank 16.4 percent from a month earlier in April of 2020, worse than forecasts of a 12 percent drop. It is the sharpest decrease in retail sales on record due to the coronavirus pandemic which forced Americans to stay at home and many businesses to close. Biggest declines were seen in sales of clothing and accessories (-78.8 percent), electronics and appliances (-60.6 percent) and furniture (-58.7 percent). Sales at gasoline stations decreased 28.8 percent after oil prices turned negative for the first time ever in April. Other decreases were also seen in food and beverage stores (-13.1 percent) and food services and drinking places (-29.5 percent). Excluding automobiles, gasoline, building materials and food services, retail sales tumbled 15.3 percent. Year-on-year, retail sales went down 21.6 percent, also a record drop.
2020-05-15

U.S. Retail Sales
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%).