U.S. retail sales dropped by 1.3% from April to May (seasonally adjusted), but sales remain elevated, with 14% growth over the last 6 months.
Nationwide retail sales, which grew very strongly in March, remained at a high level in April.
March retail sales were nearly 10 percent above February and 28 percent above March 2020.
Despite a decline of 3 percent from January, February retail sales were 6.5 percent above February 2020.
U.S. retail sales grew 5.3% from December to January (seasonally adjusted)—the 4th-largest monthly increase since 1992.
Credit/debit card data suggest CA taxable sales grew by 2% in January but the spending response to recent federal stimulus payments seemed to be weaker in CA than elsewhere.
U.S. retail sales declined by 0.7% from November to December, but sales for the full year were 0.4% higher than 2019.
Credit/debit card data suggest CA taxable sales dropped by 2% in December but remained higher than January 2020.
Credit/debit card data suggest CA taxable sales continued to grow in November; spending now higher than January.
U.S. retail sales declined by 1% in November, but total sales Jan.-Nov. 2020 were slightly higher than Jan.-Nov. 2019.
U.S. retail sales grew modestly in October. Total sales January-October 2020 were just 0.1% below January-October 2019.
Credit/debit card data suggest CA taxable sales continued to grow in October but still remained slightly below January.
Credit/debit card data suggest California taxable sales continued to grow in September but still remained somewhat below January.
New vehicle registrations have rebounded from record lows in the spring, but remain below pre-recession levels.
Strong U.S. retail sales growth continued in September. Total sales January-September 2020 were just 1% below the same period in 2019.