Retail Sales Up 4.1% From Last Year At $403.9 Billion For JulyBy: Chris Crum - August 15, 2012
The U.S. Census Bureau released its monthly retail sales report on Tuesday, indicating that sales for July (adusted for seasonal variation and holiday and trading-day differences, but not for price changes), were up 0.8% from June, and up 4.1% from the July 2011. Sales reached $403.9 billion for the month.
Also noteworthy is that total sales for the May through July period were up 4.3% from the same period last year.
Retail trade sales were up 0.8% from June and 3.7% from last year. Nonstore retailers sales were up 11.8% from last year. Sporting goods, hobby, book and music stores were up 10.6% from last year.
The Census Bureau will put out its report for August on September 14.