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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

October 17, 2023

Month over month (September 2023 vs August 2023, seasonally adjusted)

The US Census Bureau announced today that the advance estimates of U.S retail and food service sales increased 0.7% ($5.0 billion) to $704.9 billion. Excluding food services and drinking places, retail trade sales increased 0.7% ($4.1 billion). Food service and drinking place month-over-month receipts increased 0.9% ($0.9 billion).


Year-over-year (September 2023 vs September 2022, seasonally adjusted)

The United States Retail Trade and Food Services increased 3.8% ($25.5 billion). Retail trade increased 3.0% ($17.8 billion) and food services and drinking places sales increased 9.2% ($7.7 billion).


Year to date January-September 2023, seasonally adjusted)

During the first nine months of 2023, the United States Retail trade and food Services increased 3.2% ($193.5 billion) to $6,225.6 billion. Retail trade increased 2.0% ($108.1 billion) and food services and drinking places sales increased 11.9% ($85.3 billion).

In percentage terms, sales were up in 9 of 13 retail categories, the largest decline (in percentage terms) was seen in gas stations while the fastest gain was in health and personal care stores and non-store retailers.



Source: US Census Bureau. retrieved from the Federal Reserve Bank of St. Louis using a FRED API.


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