Retail Sales Rose 0.6 Percent in June

There were $457.0 billion in retail and food services sales in June, up 0.6 percent from the previous month and 2.7 percent from June 2015, according to the U.S. Census Bureau.

Core retail sales – excluding automobiles and parts – increased 0.7 percent after rising 0.4 percent in the previous month. Year-over-year core sales increased by 3.2 percent.

Retail trade sales increased 0.7 percent on the month compared to a 0.4 percent rise in May, and rose 2.4 percent from a year ago.

Sales at clothing and clothing accessories stores dipped in June, falling 1.0 percent from the previous month and 0.9 percent from the previous year. Sales at gasoline stations increased in June, rising 1.2 percent. Gasoline station sales were down 9.6 percent from the previous year, however.

Read the Census release.

About Tim Nicholson

Tim Nicholson
Tim Nicholson is an economic research associate at ABA.
More from Tim Nicholson >