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Census Bureau


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January retail sales numbers are mixed to start 2024, based on Commerce and NRF data
Commerce reported that January retail sales, at $700.3 billion, were off 0.8% compared to December and up 0.6% compared to January 2023. NRF reported that January’s core retail sales, which it bases on Census data and excludes automobile dealers, gasoline stations, and restaurants, fell 0.8%, from December to January, while increasing 2.8% annually.

November retail sales see continued growth, reports Commerce and NRF
Commerce reported that November retail sales, at $705.7 billion, were up 0.3% compared to October and rose 4.1% compared to November 2022. NRF reported that November retail sales, which does not include automobile dealers, gasoline stations, and restaurants, increased 3.3% annually on an unadjusted basis on a three-month moving average and up 3.7% annually through November on an annual year-to-date basis.

May retail sales see gains, report Commerce and NRF
Commerce reported that May retail sales—at $686.6 billion—headed up 0.3% over April and were up 1.6% annually. And it added that total retail sales, from March through May, were up 1.7% annually. NRF reported that May retail sales were up 0.4% over April and were up 4.4% on an unadjusted basis annually.

 


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