Retail Sales Fell in June

There were $442.0 billion of retail and food services sales in June (after adjustment for seasonal variation and holiday and trading-day differences but not for price changes), according to the U.S. Census Bureau. This level represented a decrease of 0.3 percent from the previous month, but an increase of 1.4 percent from June of last year.

Core retail sales – excluding automobiles and parts – decreased by 0.1 percent from the previous month but increased 0.1 percent from the previous year.

Retail trade sales fell by 0.3 percent from May, but were up 0.6 percent from June 2014. Home furniture store sales fell 1.6 percent for the month compared to a 4.1 percent increase from a year ago. Gasoline sales rose 0.8 percent on the month, but were down 17.1 percent from last summer.

Read the Census Bureau release.