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Economy

Economic Data (USA)

Thursday, July 16, 2020

U.S. Retail And Food Services Sales Report for June 2020

The Commerce Department this morning released advance estimates of U.S. Retail and Food Services Sales for June 2020:

Predicted: +6.0%
Actual: +7.504% (+$36,598,000,000)

The yellow-highlighted percentage above represents the month-to-month change in total sales receipts for retailers that sell durable and non-durable goods, and retailers that provide food and beverage services.

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  • Estimated Retail Sales During June 2020: $524,306,000,000
  • Change From 12 Months Previous: +1.098% (+$5,692,000,000)

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CHART: Retail Sales - June 2020 Update
CHART: Retail Sales - June 2020 Update
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 From Today's Report:

"...Statement Regarding COVID-19 Impact: Due to recent events surrounding COVID-19, many businesses are operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored response and data quality and determined estimates in this release meet publication standards. For more information on the compilation of this month's report, see COVID-19 FAQs..."
 
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