Retail Sales Unchanged in July

There were $457.7 billion in retail and food service sales in July, virtually unchanged from the previous month, according to the U.S. Census Bureau.

Core retail sales – excluding automobiles and parts – fell 0.3 percent after rising 0.9 percent in June. Year-over-year core sales increased 2.2 percent.

Retail trade sales were virtually unchanged in July but rose 1.9 percent from a year ago. In contrast, sales at nonstore retailers increased during the month, rising 1.3 percent. Year-over-year sales at nonstore retailers have increased by 14.1 percent.

Gasoline station sales continued to fall, dropping 2.7 percent during the month and 11.0 percent from a year ago.

Read the Census release.

About Tim Nicholson

Tim Nicholson
Tim Nicholson is an economic research associate at ABA.
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