US retail sales show moderate gains


July 20, 2013 | By RetailME Bureau

US retail sales in June 2013 (which include non-general merchandise categories such as automobiles, gasoline stations, and restaurants) increased 0.4% seasonally adjusted month-to-month and increased 5.7% adjusted year-over-year, according to the US Department of Commerce and US Census Bureau. Retail trade sales were up 0.6% from May 2013 and 6% above last year. Non-store retailers were up 13.8% from June 2012 and auto and other motor vehicle dealers were up 12.9% from last year.

Other findings from the June retail sales report include: building material and garden equipment and supplies dealers stores’ sales decreased 2.2% seasonally-adjusted yet increased 6.1% unadjusted year-over-year. Clothing and clothing accessories stores’ sales increased 0.7% seasonally-adjusted month-to-month and increased 3.4% unadjusted year-over-year. Electronics and appliance stores’ sales decreased 0.1% seasonally-adjusted month-to-month and decreased 2.3% unadjusted year-over-year Furniture and home furnishing stores’ sales increased 2.4% seasonally-adjusted month-to-month and increased 1.6% unadjusted year-over-year.

General merchandise stores’ sales increased 0.1% seasonally-adjusted month-to-month and increased 0.7% unadjusted year-over-year. Health and personal care stores’ sales increased 0.2% seasonally-adjusted month-to-month and increased 0.7% unadjusted year-over-year. Nonstore retailers’ sales increased 2.1% seasonally-adjusted month-to-month and increased 11.5% unadjusted year-over-year. Sporting goods, hobby, book and music stores’ sales increased 0.7% seasonally-adjusted month-to-month and increased 0.2% unadjusted year-over-year.

“Consumers remain wary. Even though healthy home prices and stock values are helping to improve confidence and spending, stagnantly-high unemployment, higher taxes and lingering policy uncertainty continue to keep shoppers and economic growth at bay. The recovery is solid and good but its pace remains measured and modest,” says Matthew Shay, president, National Retail Federation (NRF).

“The consumer economy is improving but growth rates and retail sales will remain reserved for the foreseeable future. US households have adjusted their spending to a slow-growth economy. With employment and consumer confidence improving, we expect that the second half will be better than the first,” adds Jack Kleinhenz, chief economist, NRF.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



UAE-based Etisalat Group has signed an agreement with elGrocer, a leading online 

Continue Reading

November 18, 2021 | By RetailME Bureau

Amazon.ae announced that the 11.11 sale is back once again this year 

Continue Reading

November 8, 2021 | By RetailME Bureau

Abu Dhabi Cooperative Society’s COOP City store is now open in Lake 

Continue Reading

November 3, 2021 | By RetailME Bureau

Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau




Download Images RetailME Magazine