US retail trade rose 0.4 percent from a month earlier in August 2019, following a revised 0.8 percent increase in July and beating market expectations of 0.2 percent, boosted by spending on motor vehicles, building materials, healthcare and hobbies. Excluding automobiles, gasoline, building materials and food services, retail sales were 0.3 percent higher last month after a 0.9 percent advance in July. Retail Sales MoM in the United States averaged 0.36 percent from 1992 until 2019, reaching an all time high of 6.70 percent in October of 2001 and a record low of -3.90 percent in November of 2008.

Retail Sales MoM in the United States is expected to be 0.30 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 0.20 in 12 months time. In the long-term, the U.S. Retail Sales is projected to trend around 0.40 percent in 2020, according to our econometric models.

U.S. Retail Sales
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-14 12:30 PM Retail Sales MoM May 0.5% 0.3% 0.6% 0.6%
2019-07-16 12:30 PM Retail Sales MoM Jun 0.4% 0.4% 0.1% 0.4%
2019-08-15 12:30 PM Retail Sales MoM Jul 0.7% 0.3% 0.3% 0.3%
2019-09-13 12:30 PM Retail Sales MoM Aug 0.4% 0.8% 0.2% 0.4%
2019-10-16 12:30 PM Retail Sales MoM Sep 0.4% 0.3%
2019-11-15 01:30 PM Retail Sales MoM Oct
2019-12-13 01:30 PM Retail Sales MoM Nov



US Retail Sales Rise More than Expected

US retail trade rose 0.4 percent from a month earlier in August 2019, following a revised 0.8 percent increase in July and beating market expectations of 0.2 percent.

6 of 13 major retail categories showed month-over-month increases.

Receipts at motor vehicle & parts dealers jumped 1.8 percent in August (vs 0.1 percent in July) and those at building material and gardening equipment stores climbed 1.4 percent (vs 1.0 percent in July). In addition, there was a rebound in sales at health and personal care stores (0.7 percent vs -0.1 percent); hobby, musical instrument and book stores (0.9 percent vs -1.2 percent); and miscellaneous store retailers (0.3 percent vs -0.1 percent). Online and mail-order retail sales continued to increase at a solid pace (1.6 percent vs 1.7 percent).

On the other hand, sales were unchanged at electronics & appliance stores (vs 0.9 percent in July) while receipts at gasoline stations dropped 0.9 percent (vs 1.4 percent in July). Sales also fell at furniture stores (-0.5 percent vs flat reading); food & beverage stores (-0.2 percent vs 1.4 percent); clothing stores (-0.9 percent vs 1.3 percent); general merchandise stores (-0.3 percent vs 0.7 percent); and restaurants and bars (-1.2 percent vs 0.6 percent).

Excluding automobiles, gasoline, building materials and food services, retail sales were 0.3 percent higher last month after a 0.9 percent advance in July.

Year-on-year, retail sales grew 4.1 percent, compared to 3.6 percent in the previous month.


US Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com
9/13/2019 12:49:20 PM



United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 92.00 89.80 111.40 51.70 Index Points [+]
Retail Sales MoM 0.40 0.80 6.70 -3.90 percent [+]
Retail Sales YoY 4.10 3.60 11.20 -11.50 percent [+]
Retail Sales Ex Autos 0.00 1.00 2.60 -4.00 percent [+]
Consumer Spending 13253.38 13103.32 13253.38 1403.69 USD Billion [+]
Disposable Personal Income 16498.38 16453.99 16498.38 351.54 USD Billion [+]
Personal Spending 0.60 0.30 2.80 -2.10 percent [+]
Personal Income 0.10 0.50 4.60 -4.70 percent [+]
Personal Savings 7.70 8.00 17.30 2.20 percent [+]
Consumer Credit 23.29 13.78 116.79 -111.95 USD Billion [+]
Private Sector Credit 9867.74 9828.15 9867.74 39.04 USD Billion [+]
Bank Lending Rate 5.25 5.50 20.50 2.00 percent [+]
Economic Optimism Index 50.80 55.10 62.90 35.80 [+]
Redbook Index 5.40 6.40 9.30 -5.80 percent [+]
Chain Store Sales 3085.00 3201.00 15875.00 2632.00 USD Million [+]
Gasoline Prices 0.69 0.72 1.07 0.24 USD/Liter [+]
Households Debt To GDP 76.30 76.60 98.60 23.80 percent of GDP [+]
Consumer Confidence Current Conditions 113.20 112.50 121.10 57.50 [+]
Consumer Confidence Economic Expectations 80.20 83.90 108.60 44.20 [+]
Consumer Confidence Price Trends 2.70 2.60 10.40 0.40 [+]


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%). 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.80 6.70 -3.90 1992 - 2019 percent Monthly
Current Prices, SA




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