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July 16, 2024
US RETAIL SALES, JUNE 2024

Month over month (June 2024 vs May 2024, seasonally adjusted)

The US Census Bureau announced today that the advance estimates of U.S retail and food service sales decreased 0.02%. Excluding food services and drinking places, retail trade sales decreased 0.07%. Food service and drinking place receipts increased 0.3%.                       

Year-over-year (June 2024 vs June 2023, seasonally adjusted)

US retail trade and food services increased 2.3%. Retail trade increased 2.0% and food services and drinking places sales increased 4.4%.

Year-to-date (January-June 2024 vs January-June 2023)

Sales were up in 7 of 12 retail categories. The largest decline (in percentage terms) was seen in furniture while the fastest gains were in non-store retailers and miscellaneous stores.

Source: US Census Bureau. retrieved from the Federal Reserve Bank of St. Louis.