Retail Sales Edged Up 0.1 Percent in September

There were $509.0 billion in retail and food service sales in September, up 0.1 percent from the previous month and 5.7 percent from September 2017, according to the U.S. Census Bureau. August’s revised figure was virtually unchanged.

Core retail sales – excluding automobiles and parts – fell 0.1 percent. Year-over-year core sales increased 5.7 percent.

Retail trade sales increased 0.4 percent from August and 4.4 percent from last year. Sales at nonstore retailers grew 1.1 percent following August’s 0.5 percent increase. Nonstore retailer sales are up 11.4 percent year-over-year as online retailers continue to grow their market share.

Sales at gasoline stations declined 0.8 percent during September after growing 1.1 percent in August. Gasoline station sales are up 11.4 percent since September 2017.

Read the Census release.

About Jack McCabe

Jack McCabe is a research associate in the Economic Policy and Research group at the ABA.
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