US retail trade rose 0.6 percent from a month earlier in June 2021, following a revised 1.7 percent decline in May and easily beating market expectations of a 0.4 percent decline, as demand for goods remained strong despite the recent shift towards spending to services. Sales rose at electronics & appliance stores, gasoline stations, clothing & clothing accessories stores, general merchandise stores, miscellaneous store retailers, and restaurants and bars. Sales of motor vehicles, however, dropped 2.0 percent, as a global semiconductor supply squeeze hit production. Excluding automobiles, gasoline, building materials and food services, retail sales increased 1.1 percent last month after a 1.4 percent decrease in May. source: U.S. Census Bureau
Retail Sales MoM in the United States averaged 0.39 percent from 1992 until 2021, reaching an all time high of 18.20 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 July of 2021.
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 2.40 in 12 months time. In the long-term, the U.S. Retail Sales is projected to trend around 2.40 percent in 2022 and 0.40 percent in 2023, according to our econometric models.