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Retail sales accelerate in October
ADVANCE MONTHLY SALES
U.S. Economy
The rate of growth in retail and food services total sales accelerated due to increase in higher sales on gasoline stations.
The Commerce Department announced U.S. retail sales including food services surged to $511.5 billion by 0.8 % in October to $511.5 billion on the seasonally adjusted basis. gasoline stations sales continue to trend higher by 3.52%, preventing consumers to spend more money on other items, as fuel outlays represent now 8.91% of total sales.
Improving rate in retail sales growth is a good news, as the retail sales account for about half of total consumer spending and about a third of final sales in the U.S. economy.
Higher retail spending, in turn, has spurred companies to boost their inventories in anticipation of rising sales. Retail sales grew by 4.6 % over the past 12 months, as the sales excluding motor vehicle and parts increased on the higher rate than total sales over the past 12 months.
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| Fuels & Transportation |
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Excluding the volatile auto sector sales increased sequentially by 0.7 % to $408.4 billion smaller than retail and food services sales on the seasonally adjusted basis.
Investors and the Federal Reserve usually view the core sales as a better gauge of retail sales because it excludes car sales, which often fluctuate.
U.S. retail and food services sales excluding motor vehicle and parts rose by 5.7 % in the past 12 months.
Sales of essentials have rebounded from decline in previous period, sales increased by 1 % on the seasonally adjusted basis, as gasoline station sales increased the most, representing 8.91 % of total U.S. retail and food services sales, while food services and drinking places sales fell. Over the past 12 months, sales of essentials grew by 7.4 %.
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Retail Sales
In October, sales increased 0.5% at clothing and accessories stores, department stores up 1.3%.
Several other areas with sales growth were 0.7% at electronics and appliance stores, building materials dealers grew by 1%.
Meanwhile, sales fell -100% at internet retailers.
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Retail Sales by Category
(In millions $)
ADVANCE
MONTHLY SALES
( in millions $) |
Oct. 2018
adv. |
Sep. 2018
adv. |
Aug. 2018
adv. |
July 2018
adv. |
June 2018
adv. |
May 2018
adv. |
| Retail & food services
total |
|
511,488 |
507,606 |
508,514 |
508,585 |
504,948 |
504,340 |
| Total excl. motor
vehicle & parts |
|
408,438 |
405,725 |
406,364 |
406,027 |
402,058 |
401,333 |
| Retail |
|
451,061 |
447,088 |
446,798 |
446,797 |
444,154 |
444,614 |
| GAFO |
|
362,876 |
361,712 |
362,367 |
362,363 |
358,853 |
358,193 |
| Motor vehicle & parts dealers |
|
- |
110,386 |
110,543 |
111,181 |
109,683 |
110,503 |
| Auto & other motor veh. dealers |
|
103,050 |
101,881 |
102,150 |
102,558 |
102,890 |
103,007 |
| Furniture & home furnishings
stores |
|
10,166 |
10,193 |
10,167 |
10,200 |
10,191 |
10,208 |
| Electronics & appliance stores |
|
8,267 |
8,208 |
8,385 |
8,299 |
8,290 |
8,273 |
| Appl. TV & camera |
|
- |
- |
- |
- |
- |
- |
| Computer & software stores |
|
- |
- |
- |
- |
- |
- |
| Building mat. &
garden eq. & supplies dealers |
|
33,230 |
32,885 |
32,853 |
32,534 |
32,540 |
32,631 |
| Building mat. & supplies dealers |
|
- |
28,712 |
28,754 |
28,601 |
28,598 |
28,684 |
| Food & beverage stores |
|
62,489 |
62,333 |
62,033 |
62,303 |
61,897 |
61,932 |
| Grocery stores |
|
55,546 |
55,458 |
55,275 |
55,481 |
55,118 |
55,142 |
| Beer, wine & liquor stores |
|
- |
4,824 |
4,762 |
4,808 |
4,778 |
4,803 |
| Health & personal care stores |
|
29,023 |
29,036 |
29,339 |
29,292 |
29,335 |
28,945 |
| Pharmacies & drug stores |
|
- |
24,192 |
24,567 |
24,285 |
24,345 |
23,853 |
| Gasoline stations |
|
45,562 |
44,013 |
43,997 |
43,664 |
43,205 |
43,140 |
| Clothing & clothing accessories
stores |
|
23,062 |
22,937 |
22,795 |
23,589 |
22,954 |
23,341 |
| Men's clothing stores |
|
- |
849 |
820 |
821 |
807 |
814 |
| Women's clothing stores |
|
- |
3,557 |
3,469 |
3,446 |
3,406 |
3,492 |
| Shoe stores |
|
- |
3,028 |
2,931 |
3,180 |
3,109 |
3,081 |
| Sporting goods, hobby, book &
music |
|
6,487 |
6,457 |
6,611 |
6,625 |
6,738 |
6,891 |
| General merchandise stores |
|
60,382 |
60,073 |
60,129 |
59,990 |
59,096 |
59,416 |
| Department stores ex. LD |
|
12,492 |
12,337 |
12,454 |
12,581 |
12,418 |
12,677 |
| Other general merchandise
stores |
|
- |
47,736 |
47,675 |
47,409 |
46,678 |
46,739 |
| Warehouse clubs & superstores |
|
- |
40,623 |
40,645 |
40,498 |
39,787 |
39,767 |
| All other gen. merchandise
stores |
|
- |
7,113 |
7,030 |
6,911 |
6,891 |
6,972 |
| Miscellaneous store retailers |
|
10,829 |
10,769 |
10,903 |
10,632 |
10,884 |
10,973 |
| Nonstore retailers |
|
- |
51,641 |
50,750 |
50,275 |
49,580 |
49,108 |
| Electronic shopping & mail-order
houses |
|
- |
51,641 |
50,750 |
50,275 |
49,580 |
49,108 |
| Food services & drinking places |
|
60,427 |
60,518 |
61,716 |
61,788 |
60,794 |
59,726 |
ADVANCE MONTHLY SALES
( in % Y / Y) |
Oct. 2018
adv. |
Sep. 2018
adv. |
Aug. 2018
adv. |
July 2018
adv. |
June 2018
adv. |
May 2018
adv. |
| Retail & food services
total |
4.63 % |
4.57 % |
6.72 % |
6.88 % |
6.42 % |
6.34 % |
| Total excl. motor
vehicle & parts |
5.75 % |
5.6 % |
6.98 % |
7.58 % |
6.92 % |
6.61 % |
| Retail |
4.4 % |
4.28 % |
6.41 % |
6.53 % |
6.25 % |
6.39 % |
| GAFO |
236.11 % |
239.04 % |
241.4 % |
240.98 % |
237.99 % |
238.66 % |
| Motor vehicle & parts dealers
|
- % |
9.06 % |
14.4 % |
12.96 % |
11.42 % |
12.97 % |
| Auto & other motor veh. dealers
|
8.26 % |
8.81 % |
14.42 % |
12.75 % |
12.97 % |
14.01 % |
| Furniture & home furnishings
stores |
2.73 % |
5.71 % |
5.77 % |
6.39 % |
5.73 % |
7.48 % |
| Electronics & appliance stores
|
0.69 % |
2.37 % |
7.2 % |
3.85 % |
2.74 % |
1.09 % |
| Appl. TV & camera |
- % |
- % |
- % |
- % |
- % |
- % |
| Computer & software stores
|
- % |
- % |
- % |
- % |
- % |
- % |
| Building mat. &
garden eq. & supplies dealers |
2.23 % |
1.13 % |
3.79 % |
4.03 % |
5.02 % |
6.57 % |
| Building mat. & supplies dealers |
- % |
1.65 % |
5.13 % |
6.04 % |
6.36 % |
7.79 % |
| Food & beverage stores |
2.95 % |
3.28 % |
3.54 % |
4.83 % |
4.36 % |
3.77 % |
| Grocery stores |
2.74 % |
2.94 % |
3.49 % |
4.69 % |
4.2 % |
3.62 % |
| Beer, wine & liquor stores |
- % |
6.89 % |
5.38 % |
6.56 % |
6.32 % |
6.07 % |
| Health & personal care stores |
3.67 % |
4.45 % |
5.76 % |
5.93 % |
6.26 % |
4.62 % |
| Pharmacies & drug stores |
- % |
6.03 % |
7.75 % |
7.13 % |
6.86 % |
4.35 % |
| Gasoline stations |
15.8 % |
11.81 % |
18.14 % |
22.22 % |
20.06 % |
18.07 % |
| Clothing & clothing accessories
stores |
4.97 % |
5.6 % |
5.25 % |
8.05 % |
5.65 % |
8.29 % |
| Men's clothing stores |
- % |
- % |
- % |
- % |
- % |
- % |
| Women's clothing stores |
- % |
9.72 % |
7.83 % |
3.11 % |
2.25 % |
6.82 % |
| Shoe stores |
- % |
2.4 % |
-2.59 % |
7.36 % |
4.43 % |
4.12 % |
| Sporting goods, hobby, book &
music |
-10.13 % |
-7.89 % |
-4.96 % |
-6.35 % |
-4.99 % |
-3.45 % |
| General merchandise stores
|
3.57 % |
3.77 % |
4.19 % |
4.56 % |
3.27 % |
4.27 % |
| Department stores ex. LD |
-1.81 %
|
-2.39 %
|
-1.53 %
|
-0.7 %
|
-1.06 %
|
0.68 %
|
| Other general merchandise
stores |
- % |
5.5 % |
5.8 % |
6.05 % |
4.49 % |
5.29 % |
| Warehouse clubs & superstores |
- % |
4.53 % |
4.8 % |
5.35 % |
3.41 % |
3.91 % |
| All other gen. merchandise
stores |
- % |
11.37 % |
11.96 % |
10.36 % |
11.2 % |
13.9 % |
| Miscellaneous store retailers
|
-0.29 % |
-1.24 % |
1.13 % |
-1.09 % |
2.88 % |
1.42 % |
| Nonstore retailers |
- % |
-1.29 % |
-2.71 % |
-3.85 % |
-3.48 % |
-4.49 % |
| Electronic shopping & mail-order
houses |
- % |
12.55 % |
10.9 % |
9.07 % |
9.82 % |
8.91 % |
| Food services & drinking places
|
6.34 % |
6.79 % |
9.05 % |
9.49 % |
7.67 % |
6.01 % |
ADVANCE MONTHLY SALES
( in % M / M) |
Oct. 2018
adv. |
Sep. 2018
adv. |
Aug. 2018
adv. |
July 2018
adv. |
June 2018
adv. |
May 2018
adv. |
| Retail & food services
total |
0.76 % |
-0.18 % |
-0.01 % |
0.72 % |
0.12 % |
1.3 % |
| Total excl. motor
vehicle & parts |
0.67 % |
-0.16 % |
0.08 % |
0.99 % |
0.18 % |
1.41 % |
| Retail |
0.89 % |
0.06 % |
0 % |
0.6 % |
-0.1 % |
1.11 % |
| GAFO |
0.32 % |
-0.18 % |
0 % |
0.98 % |
0.18 % |
1.28 % |
| Motor vehicle & parts dealers
|
- % |
-0.14 % |
-0.57 % |
1.37 % |
-0.74 % |
1.08 % |
| Auto & other motor veh. dealers
|
1.15 % |
-0.26 % |
-0.4 % |
-0.32 % |
-0.11 % |
0.89 % |
| Furniture & home furnishings
stores |
-0.26 % |
0.26 % |
-0.32 % |
0.09 % |
-0.17 % |
-1.37 % |
| Electronics & appliance stores
|
0.72 % |
-2.11 % |
1.04 % |
0.11 % |
0.21 % |
0.36 % |
| Appl. TV & camera |
- % |
- % |
- % |
- % |
- % |
- % |
| Computer & software stores
|
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| Building mat. &
garden eq. & supplies dealers |
1.05 % |
0.1 % |
0.98 % |
-0.02 % |
-0.28 % |
2.71 % |
| Building mat. & supplies dealers |
- % |
-0.15 % |
0.53 % |
0.01 % |
-0.3 % |
2.09 % |
| Food & beverage stores |
0.25 % |
0.48 % |
-0.43 % |
0.66 % |
-0.06 % |
0.19 % |
| Grocery stores |
0.16 % |
0.33 % |
-0.37 % |
0.66 % |
-0.04 % |
0.17 % |
| Beer, wine & liquor stores |
- % |
1.3 % |
-0.96 % |
0.63 % |
-0.52 % |
1.01 % |
| Health & personal care stores |
-0.04 % |
-1.03 % |
0.16 % |
-0.15 % |
1.35 % |
2.03 % |
| Pharmacies & drug stores |
- % |
-1.53 % |
1.16 % |
-0.25 % |
2.06 % |
1.47 % |
| Gasoline stations |
3.52 % |
0.04 % |
0.76 % |
1.06 % |
0.15 % |
2.46 % |
| Clothing & clothing accessories
stores |
0.54 % |
0.62 % |
-3.37 % |
2.77 % |
-1.66 % |
3.25 % |
| Men's clothing stores |
- % |
- % |
- % |
- % |
- % |
- % |
| Women's clothing stores |
- % |
2.54 % |
0.67 % |
1.17 % |
-2.46 % |
2.4 % |
| Shoe stores |
- % |
3.31 % |
-7.83 % |
2.28 % |
0.91 % |
3.22 % |
| Sporting goods, hobby, book &
music |
0.46 % |
-2.33 % |
-0.21 % |
-1.68 % |
-2.22 % |
-1.29 % |
| General merchandise stores
|
0.51 % |
-0.09 % |
0.23 % |
1.51 % |
-0.54 % |
1.05 % |
| Department stores ex. LD |
1.26 % |
-0.94 % |
-1.01 % |
1.31 % |
-2.04 % |
1.24 % |
| Other general merchandise
stores |
- % |
0.13 % |
0.56 % |
1.57 % |
-0.13 % |
1 % |
| Warehouse clubs &
superstores |
- % |
-0.05 % |
0.36 % |
1.79 % |
0.05 % |
0.86 % |
| All other gen. merchandise
stores |
- % |
1.18 % |
1.72 % |
0.29 % |
-1.16 % |
1.83 % |
| Miscellaneous store retailers
|
0.56 % |
-1.23 % |
2.55 % |
-2.32 % |
-0.81 % |
1.4 % |
| Nonstore retailers |
- % |
1.76 % |
0.94 % |
1.4 % |
0.96 % |
0.28 % |
| Electronic shopping & mail-order
houses |
- % |
1.76 % |
0.94 % |
1.4 % |
0.96 % |
0.28 % |
| Food services & drinking places
|
-0.15 % |
-1.94 % |
-0.12 % |
1.64 % |
1.79 % |
2.73 % |
Source: Department of Commerce
• Census.gov
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