California Economy and Taxes
 



U.S. Retail Sales Update: May 2023 June 15, 2023

U.S. retail sales have been roughly flat (0.2 percent decline) over the last 3 months and grown 1.6 percent over the last 12 months. 


U.S. Retail Sales Update: April 2023 May 16, 2023

U.S. retail sales have dropped 0.9 percent over the last 3 months and grown 1.6 percent over the last 12 months. 


U.S. Retail Sales Update: March 2023 April 14, 2023

U.S. retail sales have grown 1.9 percent over the last 3 months and 2.9 percent over the last 12 months. Sales have grown faster than inflation over the last 3 months but slower than inflation over the last 12.


U.S. Retail Sales Update: February 2023 March 15, 2023

U.S. retail sales have grown 2 percent over the last 3 months and 5.4 percent over the last 12 months. 


U.S. Retail Sales Update: January 2023 February 15, 2023

U.S. retail sales have grown 6.4 percent over the last 12 months, but have been flat after accounting for inflation.


U.S. Retail Sales Update: December 2022 January 18, 2023

U.S. retail sales (seasonally adjusted) declined 1.1 percent from November to December. The two-month decline was 2.1 percent. In the last 30 years, two-month drops of at least 2 percent have happened around recessions. 


U.S. Retail Sales Update: November 2022 December 15, 2022

U.S. retail sales (seasonally adjusted) declined 0.6 percent from October to November. 


U.S. Retail Sales Update: October 2022 November 16, 2022

U.S. retail sales (seasonally adjusted) grew 1.3 percent from September to October. 


U.S. Retail Sales Update: August 2022 September 15, 2022

U.S. retail sales (seasonally adjusted) grew 0.3% from July to August. 


U.S. Retail Sales Update: July 2022 August 17, 2022

U.S. retail sales (seasonally adjusted) remained nearly unchanged from June to July. 


U.S. Retail Sales Update: June 2022 July 18, 2022

The amount of money spent on retail purchases in the U.S. increased 1% from May to June, but real sales declined due to inflation.


U.S. Retail Sales Update: May 2022 June 15, 2022

U.S. retail sales (seasonally adjusted) declined 0.3 percent from April to May. Inflation-adjusted sales declined more.


U.S. Retail Sales Update: March 2022 April 18, 2022

U.S. retail sales (seasonally adjusted) grew 0.5 percent from February to March. 


U.S. Retail Sales Update: February 2022 March 16, 2022

U.S. retail sales (seasonally adjusted) grew 0.3 percent from January to February. Retail sales have been elevated after growing dramatically in early 2021, but inflation has offset much of the past year’s apparent “growth.” 


U.S. Retail Sales Update: January 2022 February 16, 2022

U.S. retail sales (seasonally adjusted) grew 3.8 percent from December to January. Retail sales have been elevated after growing dramatically in early 2021, but inflation has offset most of the past year’s apparent “growth.”