US retail trade jumped 1.6 percent from a month earlier in March 2019, following a 0.2 percent drop in February and easily beating market expectations of a 0.9 percent advance. That was the biggest increase in retail trade since September 2017 boosted by sales of motor vehicles and a range of other goods. Retail Sales MoM in the United States averaged 0.36 percent from 1992 until 2019, reaching an all time high of 6.70 percent in October of 2001 and a record low of -3.90 percent in November of 2008.

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 -0.20 in 12 months time. In the long-term, the U.S. Retail Sales is projected to trend around 0.40 percent in 2020, according to our econometric models.

U.S. Retail Sales
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-14 01:30 PM Retail Sales MoM -1.2% 0.1% 0.2% 0.3%
2019-03-11 12:30 PM Retail Sales MoM 0.2% -1.6% 0% 0.3%
2019-04-01 12:30 PM Retail Sales MoM -0.2% 0.7% 0.3% 0.2%
2019-04-18 12:30 PM Retail Sales MoM 1.6% -0.2% 0.9% 0.6%
2019-05-15 12:30 PM Retail Sales MoM 1.6%
2019-06-14 12:30 PM Retail Sales MoM
2019-07-16 12:30 PM Retail Sales MoM 0.4%



US Retail Sales Post Biggest Gain in 1-1/2 Years

US retail trade jumped 1.6 percent from a month earlier in March 2019, following a 0.2 percent drop in February and easily beating market expectations of a 0.9 percent advance. That was the biggest increase in retail trade since September 2017 boosted by sales of motor vehicles and a range of other goods.

12 of 13 major retail categories showed month-over-month increases.

Receipts at motor vehicle & parts dealers surged 3.1 percent, the most since September 2017, after a 0.1 percent decline in the previous month; and those at gasoline stations increased 3.5 percent, the same pace as in February, on the back of higher fuel prices. In addition, sales at clothing stores advanced 2 percent, the largest gain since last May, reversing a 1.8 percent drop in February; and those at restaurants and bars were up 0.8 percent, the most since last July, compared to 0.3 percent rise. Sales also rose at: furniture & home furniture stores (1.7 percent vs 0.8 percent); electronics and appliances stores (0.5 percent vs -1.4 percent); building material stores (0.3 percent vs -4.4 percent); food & beverage stores (1 percent vs -1.9 percent); health & personal care stores (0.2 percent vs 0.6 percent); general merchandise stores (0.7 percent vs -0.3 percent); miscellaneous store retailers (1.8 percent vs -1.1 percent); and online and mail-order trade (1.2 percent, the same as in February).

By contrast, receipts at hobby, musical instrument and book stores dropped 0.3 percent, reversing a 0.3 percent advance in February.

Excluding automobiles, gasoline, building materials and food services, retail sales climbed 1 percent in March after a downwardly revised 0.3 percent decline in February.

Year-on-year, retail trade growth quickened to 3.6 percent from 2.2 percent in the previous month.


US Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/18/2019 12:54:54 PM



United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 96.90 98.40 111.40 51.70 Index Points [+]
Retail Sales MoM 1.60 -0.20 6.70 -3.90 percent [+]
Retail Sales YoY 3.60 2.20 11.20 -11.50 percent [+]
Retail Sales Ex Autos 1.20 -0.20 2.60 -4.00 percent [+]
Consumer Spending 13032.30 12953.29 13032.30 1403.69 USD Billion [+]
Disposable Personal Income 15944.70 15913.40 15948.29 351.54 USD Billion [+]
Personal Spending 0.10 -0.60 2.80 -2.10 percent [+]
Personal Income 0.20 -0.10 4.60 -4.70 percent [+]
Personal Savings 7.50 7.70 17.30 2.20 percent [+]
Consumer Credit 15.19 17.72 28.64 -18.63 USD Billion [+]
Private Sector Credit 9709.77 9668.03 9709.77 39.04 USD Billion [+]
Bank Lending Rate 5.50 5.50 20.50 2.00 percent [+]
Economic Optimism Index 54.20 55.70 62.90 35.80 [+]
Redbook Index 5.00 4.80 9.30 -5.80 percent [+]
Chain Store Sales 3232.00 2890.00 15875.00 2890.00 USD Million [+]
Gasoline Prices 0.66 0.61 1.07 0.24 USD/Liter [+]
Households Debt To GDP 76.40 76.60 98.60 23.80 percent of GDP [+]
Consumer Confidence Current Conditions 113.20 112.50 121.10 57.50 [+]
Consumer Confidence Economic Expectations 80.20 83.90 108.60 44.20 [+]
Consumer Confidence Price Trends 2.70 2.60 10.40 0.40 [+]


U.S. Retail Sales

Retail sales report in the US provides aggregated measure of sales of retail goods and services over a period of a month. There are thirteen major types of retailers: Motor vehicle & parts dealers (around 20 percent of total sales), Food & beverage stores (13%), General merchandise stores (12.5%), Food services & drinking places (11%), Gasoline stations (10%), Nonstore retailers (9.2%), Building material & garden dealers (6%), Health & personal care stores (6%), Clothing & clothing accessories stores (5%), Miscellaneous store retailers (2.3%), Furniture stores (2%), Electronics & appliance stores (2%) and Sporting goods, hobby, book & music stores (1.7%). 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 - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 -0.20 6.70 -3.90 1992 - 2019 percent Monthly
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