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Today the U.S. Census Bureau released preliminary estimates of nationwide retail sales in August 2021 and revised estimates for July 2021. (The data include both brick-and-mortar and Internet sales.)
Retail Sales Remain Elevated. Seasonally adjusted U.S. retail sales grew 0.7 percent from July to August. Retail sales remain elevated due to dramatic growth in January and March. Cumulative twelve-month growth in sales from August 2020 to August 2021 was 15 percent.
