What are US retail sales?
What are US retail sales?
Retail sales include sales of services and durable and non-durable goods within a specific time period. Consumer spending is almost 70% of U.S. GDP, making retail sales a good economic indicator. The U.S. Census Bureau publishes data on retail sales every month.
How much is the retail industry worth in the US?
Total retail sales in the United States were projected to amount to 5.35 trillion U.S. dollars in 2025, up from around 4.85 trillion U.S. dollars in 2019.
What are the components of retail sales?
Understanding Retail Sales
- Apparel.
- Department stores.
- Food and beverage stores.
- Electronics and appliances.
- Furniture stores.
- Gas stations.
- Car dealers.
Which retailer has the highest share of US retail sales?
Wal-Mart
In that year, Wal-Mart was the leading American retailer based on U.S. retail sales of about 430.8 billion U.S. dollars….Leading 100 retailers in the United States in 2020, by U.S. retail sales (in billion U.S. dollars)
| Characteristic | Retail sales in billion U.S. dollars |
|---|---|
| – | – |
What was the increase in retail sales in January?
The latest positive signs came on Wednesday when the government said retail sales, a measure of purchases at stores, at restaurants and online, jumped a seasonally adjusted 5.3% in January from a month earlier, and manufacturing output neared pre-pandemic levels.
When does the US retail sales report come out?
U.S. Retail Sales MoM Release Date Time Actual Forecast Previous May 14, 2021 (Apr) 08:30 0.2% 9.7% Apr 15, 2021 (Mar) 08:30 9.8% 5.9% -2.7% Mar 16, 2021 (Feb) 08:30 -3.0% -0.5% 7.6% Feb 17, 2021 (Jan) 09:30 5.3% 1.1% -1.0%
What was retail sales for second quarter 2019?
Total retail sales for the second quarter of 2019 were estimated at $1,361.8 billion, an increase of 1.8 percent (±0.2%) from the first quarter of 2019.
Who is included in the total retail sales estimate?
Coverage includes all retailers whether or not they are engaged in e -commerce. Online travel services, financial brokers and dealers, and ticket sales agencies are not classified as retail and are not included in either the total retail or retail e-commerce sales estimates.