US retail trade dropped 0.2 percent from a month earlier in April 2019, following an upwardly revised 1.7 percent growth in March, which was the biggest increase in sales for one-and-a-half year. April's reading came in below market expectations of a 0.2 percent advance, due to declines in sales of motor vehicles, clothes, appliances, and building materials. Retail Sales MoM in the United States averaged 0.35 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 0.40 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
2019-03-11 12:30 PM Retail Sales MoM 0.2% -1.6% 0% 0.3%
2019-04-01 12:30 PM Retail Sales MoM -0.2% 0.7% 0.3% 0.2%
2019-04-18 12:30 PM Retail Sales MoM 1.6% -0.2% 0.9% 0.6%
2019-05-15 12:30 PM Retail Sales MoM -0.2% 1.7% 0.2% 0.3%
2019-06-14 12:30 PM Retail Sales MoM -0.2% 0.6%
2019-07-16 12:30 PM Retail Sales MoM 0.4%
2019-08-15 12:30 PM Retail Sales MoM



US Retail Sales Unexpectedly Fall

US retail trade dropped 0.2 percent from a month earlier in April 2019, following an upwardly revised 1.7 percent growth in March, which was the biggest increase in sales for one-and-a-half year. April's reading came in below market expectations of a 0.2 percent advance.

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

Receipts at motor vehicle & parts dealers fell 1.1 percent, after a 3.2 percent increase in the previous month; and those at building material stores slumped 1.9 percent, reversing a 0.8 percent gain in March. In addition, sales at electronics and appliances stores were down 1.3 percent, following a 1.2 percent rise in the previous period. Sales also fell at: health & personal care stores (-0.2 percent vs 0.6 percent); clothing stores (-0.2 percent vs 2.1 percent); and online and mail-order trade (-0.2 percent vs 1 percent). Meanwhile, trade was unchanged at furniture & home furniture stores (vs 1 percent in March) and miscellaneous store retailers (vs 1.4 percent in March).

By contrast, receipts increased at: gasoline stations (1.8 percent vs 3.3 percent); hobby, musical instrument and book stores (0.2 percent vs -0.3 percent); restaurants and bars (0.2 percent vs 1 percent); food & beverage stores (0.2 percent vs 1.5 percent); and general merchandise stores (0.2 percent vs 0.7 percent)

Excluding automobiles, gasoline, building materials and food services, retail sales were flat in April after a 1.1 percent rise in March.

Year-on-year, retail trade growth slowed to 3.1 percent from 3.8 percent in the previous month.


US Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com
5/15/2019 12:53:53 PM



United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 102.40 97.20 111.40 51.70 Index Points [+]
Retail Sales MoM -0.20 1.70 6.70 -3.90 percent [+]
Retail Sales YoY 3.10 3.80 11.20 -11.50 percent [+]
Retail Sales Ex Autos 0.10 1.30 2.60 -4.00 percent [+]
Consumer Spending 13071.00 13032.30 13071.00 1403.69 USD Billion [+]
Disposable Personal Income 15939.42 15938.80 15948.29 351.54 USD Billion [+]
Personal Spending 0.90 0.10 2.80 -2.10 percent [+]
Personal Income 0.10 0.20 4.60 -4.70 percent [+]
Personal Savings 6.50 7.30 17.30 2.20 percent [+]
Consumer Credit 10.28 15.45 116.79 -111.95 USD Billion [+]
Private Sector Credit 9724.94 9709.77 9724.94 39.04 USD Billion [+]
Bank Lending Rate 5.50 5.50 20.50 2.00 percent [+]
Economic Optimism Index 58.60 54.20 62.90 35.80 [+]
Redbook Index 5.20 5.40 9.30 -5.80 percent [+]
Chain Store Sales 3690.00 3236.00 15875.00 2890.00 USD Million [+]
Gasoline Prices 0.74 0.66 1.07 0.24 USD/Liter [+]
Households Debt To GDP 76.40 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.20 1.70 6.70 -3.90 1992 - 2019 percent Monthly
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