Latest posts about Commerce
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Cart.com Unveils New AI-Powered Platform
March 20, 2024
Cart.com launched its new platform, Constellation AI, designed to optimize sales, inventory management, and forecasting.
The Benefits of Free Trade Zones
December 19, 2023
Free Trade Zones offer opportunities to bring the global market to local markets, creating jobs and innovation around the world.
Mild gains for September retail sales, Commerce and NRF data show
October 17, 2023
Commerce reported a gain of 0.7% over August, while NRF sales data increased 0.5% on a seasonally-adjusted basis over August.
Retail sales up in June, report Commerce and NRF
July 18, 2023
Commerce reported that June retail sales rose 0.2% over May, while NRF's data, which excludes automobile dealers, gasoline stations, and restaurants, was up 0.4% from May to June.
April retail sales see gains
May 16, 2023
Commerce reported that April retail sales—at $686.1 billion—were up 0.4% compared to March and were up 1.6% annually. And from February through April, it said retail sales increased 3.1% compared to the same period a year ago. NRF reported that April retail sales, which does not include automobile dealers, gasoline stations, and restaurants, were up 0.6% over March and were up 2% on an unadjusted basis annually. And on a three-month moving average through April, NRF said that retail sales were up 3.7% annually on...
January retail sales data is strong to begin 2023
February 15, 2023
Commerce reported that January retail sales—at $697.0 billion—were up 3% compared to January and up 6.4% annually. NRF reported that its calculation of retail sales, which excludes automobile dealers, gasoline stations, and restaurants to focus on core retail, saw January increase 1.5% compared to December and a 4.8% increase on an unadjusted basis annually.
U.S. retail sales continue to point to growth in February, reports Commerce and NRF
March 16, 2022
United States retail sales, for the month of February, were solid but were not at the same levels to begin 2022, according to data respectively issued today by the United States Department of Commerce and the National Retail Federation (NRF).
Retail sales for 2022 start on strong footing even with challenges, note Commerce and NRF
February 16, 2022
U.S. retail sales began 2022 where 2021 ended—with solid growth—despite issues posed by Omicron variant and high levels of inflation, according to data respectively issued today by the United States Department of Commerce and the National Retail Federation (NRF).
August retail sales show gains
September 16, 2021
Commerce reported that August retail sales—at $618.7 billion—eked out a 0.7% increase over July and rose 15.1% annually. The NRF reported that its calculation of retail sales, which does not include automobile dealers, gasoline stations, and restaurants, showed that August retail sales headed up 2.3 on a seasonally-adjusted basis over July and were up 12% on an unadjusted basis annually.
January retail sales start 2021 off strongly, reports Commerce and NRF
February 17, 2021
Commerce reported that January retail sales—at $568.2 billion—were up 5.3% compared to December and were up 7.4% annually, and NRF reported that its calculation of January retail sales, which excludes automobile dealers, gasoline stations, and restaurants, pointed to a 5.9% gain, for the month, on a seasonally-adjusted basis compared to December and were up 10.7% annually on an unadjusted basis.
U.S. Chamber urges infrastructure modernization plan to ensure nation’s long-term economic growth
January 12, 2021
Despite crushing unemployment of more than 10 million Americans and historic unrest in wake of the insurrection at the U.S. Capitol, the chief executive of the U.S. Chamber of Commerce called the state of American business “resilient” in the wake of the coronavirus pandemic, social unrest and distrust in U.S. institutions.
Retail sales remain on solid path in November, reports Commerce and NRF
December 16, 2020
Commerce reported that November retail sales—at $546.5 billion—were down 1.1% compared to October and were up 4.1% annually, and NRF's data showed that showed that November was off 0.3% on a seasonally-adjusted basis compared to November, while increasing 8.8% on an unadjusted basis annually.
Retail sales see solid increases in September, reports Commerce and NRF
October 16, 2020
Commerce reported that total September retail sales—at $549.3 billion—were up 1.9% over August and were up 5.4% annually. And NRF pointed to September retail sales, which were paced by apparel, continuing a V-shaped recovery from the pandemic, with sales growing for the fourth consecutive month.
Impacted by COVID-19, Commerce data points to a March retail sales slump
April 15, 2020
Commerce reported that March retail sales—at $483.1 billion—were down 8.7% compared to February, which represents the single largest annual monthly retail sales decline going back to when this data was first tracked by Commerce in 1992.
Retail sales post December gains to wrap up 2019, according to Commerce and NRF
January 16, 2020
Commerce reported that December retail sales, at $529.6 billion, were up 0.3% over November and up 5.8% annually. NRF reported that December retail sales were up 0.5% from November to December on a seasonally adjusted basis and up 2.1% on an unadjusted basis rose 6.7% annually.