Retail sales in the United States increased 0.3 percent month-over-month in December of 2019, following an upwardly revised 0.3 percent gain in the previous month and matching market expectations. Sales rebounded for food and drinks, clothes, and electronics and appliances and rose faster for gasoline. In contrast, sales of motor vehicles declined. Core retail sales which exclude autos, gasoline, building materials and food services jumped 0.5 percent after falling 0.1 percent in November. Year-on-year, retail sales went up 5.8 percent, higher than 3.3 percent in November. It is the biggest annual increase since August of 2018. Considering full 2019, retail sales went up 3.6 percent, after a near 5 percent gain in 2018 which was the largest in six years and reflected a boost from tax cuts.

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. This page provides - U.S. December Retail Sales Increased More Than Forecast - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: U.S. Census Bureau

Retail Sales MoM in the United States is expected to be -0.20 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 0.40 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.


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U.S. Retail Sales

Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.30 6.70 -3.90 1992 - 2019 percent Monthly
Current Prices, SA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-16 12:30 PM Sep -0.3% 0.6% 0.3% 0.3%
2019-11-15 01:30 PM Oct 0.3% -0.3% 0.2% 0.3%
2019-12-13 01:30 PM Nov 0.2% 0.4% 0.5% 0.3%
2020-01-16 01:30 PM Dec 0.3% 0.3% 0.3% 0.3%
2020-02-14 01:30 PM Jan 0.3% 0.6%


News Stream
2019-12-13
US Retail Sales Rise Less than Forecast
US retail trade rose 0.2 percent from a month earlier in November 2019, easing from a revised 0.4 percent growth in October and missing market expectations of 0.5 percent. Sales of gasoline and motor vehicles slowed after a jump in the previous month and spending on clothing and restaurants and bars fell more. November figures include Thanksgiving and Black Friday sales but this year the holiday season fell partially in December. Excluding automobiles, gasoline, building materials and food services, retail sales were 0.1 percent higher last month, after rising by 0.3 percent in October. Year-on-year, retail sales grew 3.3 percent, compared to 3.2 percent in the previous month.

2019-11-15
US Retail Sales Rebound in October
US retail trade rose 0.3 percent from a month earlier in October 2019, reversing a 0.3 percent drop in September and beating market expectations of 0.2 percent. The rebound in trade was driven by motor vehicle sales and higher gasoline prices, while declines were seen on purchases of big-ticket household items and clothing. Excluding automobiles, gasoline, building materials and food services, retail sales were 0.3 percent higher last month, recovering from the 0.1 percent decline seen a month earlier. Year-on-year, retail sales grew 3.1 percent, compared to 4.1 percent in the previous month.

2019-10-16
US Retail Sales Post Biggest Drop in 7 Months
US retail trade fell 0.3 percent from a month earlier in September 2019, after an upwardly revised 0.6 percent gain in August and missing market expectations of a 0.3 percent increase. It was the first and biggest decline in retail trade since February, mainly due to lower sales at motor vehicles, building materials, hobbies and online purchases. Excluding automobiles, gasoline, building materials and food services, retail sales were unchanged, following an unrevised 0.3 percent gain in August.

2019-09-13
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, 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.

2019-08-15
US Retail Sales Rise More than Expected
US retail trade jumped 0.7 percent from a month earlier in July 2019, following a revised 0.3 percent increase in June and easily beating market expectations of 0.3 percent, boosted by purchases of a variety of goods. Excluding automobiles, gasoline, building materials and food services, retail sales climbed 1 percent last month after a 0.7 percent advance in June.

2019-07-16
US Retail Sales Beat Expectations
US retail trade rose 0.4 percent from a month earlier in June 2019, the same pace as in May and above market expectations of 0.1 percent, boosted by purchases of motor vehicles and a variety of other goods. Excluding automobiles, gasoline, building materials and food services, retail sales jumped 0.7 percent last month after an upwardly revised 0.6 percent increase in May.


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%).

United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 99.10 99.30 111.40 51.70 points [+]
Retail Sales MoM 0.30 0.30 6.70 -3.90 percent [+]
Retail Sales YoY 5.80 3.30 11.20 -11.50 percent [+]
Retail Sales Ex Autos 0.70 0.00 2.60 -4.00 percent [+]
Consumer Spending 13353.12 13250.04 13353.12 1403.69 USD Billion [+]
Disposable Personal Income 16702.70 16615.00 16702.70 351.54 USD Billion [+]
Personal Spending 0.40 0.30 2.80 -2.10 percent [+]
Personal Income 0.50 0.10 4.60 -4.70 percent [+]
Personal Savings 7.90 7.80 17.30 2.20 percent [+]
Consumer Credit 12.51 18.98 116.79 -111.95 USD Billion [+]
Private Sector Credit 9996.19 9970.48 9996.19 39.04 USD Billion [+]
Bank Lending Rate 4.75 4.75 20.50 2.00 percent [+]
Economic Optimism Index 57.40 57.00 62.90 35.80 [+]
Redbook Index 5.30 5.00 9.30 -5.80 percent [+]
Chain Store Sales 4386.00 3101.00 15875.00 2632.00 USD Million [+]
Gasoline Prices 0.67 0.69 1.07 0.24 USD/Liter [+]
Households Debt To GDP 75.00 74.90 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 [+]