Retail sales in the US surged 1.3% month-over-month in October of 2022, the strongest increase in eight months, after a flat reading in September and beating market forecasts of a 1% gain. Sales at motor vehicle dealers were up 1.3% as supply chain constraints have been easing while rising gasoline costs pushed sales at gasoline stations 4.1% higher. Excluding gasoline and autos, retail sales were up 0.9%. Other increases were also seen for sales at food services and drinking places (1.6%), food and beverages stores (1.4%), nonstore retailers (1.2%), furniture (1.1%), building materials (1.1%), and health and personal care (0.5%). On the other hand, sales were down for electronics (-0.3%); sporting goods, hobby, musical and books (-0.3%); and general merchandise stores (-0.2%). October data pointed to resilient consumer spending, despite high inflation and rising borrowing costs. Retail sales aren’t adjusted for inflation. source: U.S. Census Bureau

Retail Sales MoM in the United States averaged 0.41 percent from 1992 until 2022, reaching an all time high of 18.70 percent in May of 2020 and a record low of -15.20 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 December of 2022.

Retail Sales MoM in the United States is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the U.S. Retail Sales is projected to trend around 1.00 percent in 2023 and 0.40 percent in 2024, according to our econometric models.

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U.S. Retail Sales



Calendar GMT Actual Previous Consensus TEForecast
2022-10-14 12:30 PM Sep 0.0% 0.4% 0.2% 0.2%
2022-11-16 01:30 PM Oct 1.3% 0% 1% 0.9%
2022-12-15 01:30 PM Nov 1.3% -0.1% 1%


Related Last Previous Unit Reference
Retail Sales MoM 1.30 0.00 percent Oct 2022
Retail Sales Ex Autos 1.30 0.10 percent Oct 2022
Retail Sales YoY 8.27 8.59 percent Oct 2022
Retail Sales Ex Gas and Autos MoM 0.90 0.60 percent Oct 2022
Chain Store Sales 2424.00 2460.00 USD Million Sep 2022

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%).
Actual Previous Highest Lowest Dates Unit Frequency
1.30 0.00 18.70 -15.20 1992 - 2022 percent Monthly
Current Prices, SA

News Stream
US Retail Sales Point to Strong Consumer Spending
Retail sales in the US surged 1.3% month-over-month in October of 2022, the strongest increase in eight months, after a flat reading in September and beating market forecasts of a 1% gain. Sales at motor vehicle dealers were up 1.3% as supply chain constraints have been easing while rising gasoline costs pushed sales at gasoline stations 4.1% higher. Excluding gasoline and autos, retail sales were up 0.9%. Other increases were also seen for sales at food services and drinking places (1.6%), food and beverages stores (1.4%), nonstore retailers (1.2%), furniture (1.1%), building materials (1.1%), and health and personal care (0.5%). On the other hand, sales were down for electronics (-0.3%); sporting goods, hobby, musical and books (-0.3%); and general merchandise stores (-0.2%). October data pointed to resilient consumer spending, despite high inflation and rising borrowing costs. Retail sales aren’t adjusted for inflation.
2022-11-16
US Retail Sales Below Forecasts
US retail trade was unchanged in September 2022, missing market expectations of a 0.2 percent advance, as high inflation and rising borrowing costs hit consumer demand. Receipts were down at motor vehicle & parts dealers (-0.4 percent), gasoline stations (-1.4 percent), building materials stores (-0.4 percent), electronics stores (-0.8 percent); furniture stores (-0.7 percent), sporting goods, hobby, musical instrument, & book stores (-0.7 percent), and miscellaneous store retailers (-2.5 percent). Meanwhile, sales at grocery stores rose 0.4 percent, helped by rising prices in food. Core retail sales which exclude automobiles, gasoline, building materials and food services which correspond most closely with the consumer spending component of GDP, advanced 0.4 percent last month. On a yearly basis, retail sales growth slowed to a five-month low of 8.2 percent.
2022-10-14
US Retail Sales Top Forecasts
Retail sales in the US went up 0.3% in August from July, following a revised 0.4% fall in the previous month and beating forecasts of a flat reading. Falling gasoline prices allowed consumers to buy other items, with spending rising for motor vehicles (2.8%); miscellaneous stores (1.6%); food services and drinking places (1.1%); building materials and garden equipment (1.1%); sporting goods, hobby, musical instruments and books (0.5%); general merchandise stores (0.5%); food and beverages (0.5%); and clothes (0.4%). On the other hand, sales at gasoline stations were down 4.2%, and decreases were also seen in sales at furniture stores (-1.3%); nonstore retailers (-0.7%); health (-0.6%); and electronics (-0.1%). Excluding gasoline stations, sales rose 0.8%. Core retail sales which exclude automobiles, gasoline, building materials and food services, were unchanged. Retail sales aren’t adjusted for inflation.
2022-09-15