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Retail Sales Rose 0.2% in June, Up 1.5% YOY

Retail Sales Rose 0.2% in June, Up 1.5% YOY

July 18, 2023 from Floor Focus FloorDaily News

Washington, DC, July 18, 2023 – Advance estimates of U.S. retail and food services sales for June 2023 were $689.5 billion, up 0.2% from the previous month, and up 1.5% above June 2022, according to the U.S. Census Bureau.

Total sales for the April 2023 through June 2023 period were up 1.6% from the same period a year ago. The April 2023 to May 2023 percent change was revised from up 0.3% to up 0.5%.

Retail trade sales were up 0.2% from May 2023, and up 0.5% above last year. Nonstore retailers were up 9.4% from last year, while food services and drinking places were up 8.4% from June 2022.

Related Topics:U.S. Census Bureau

Donato Pompo

Donato Pompo, CTC CMR CSI CDT MBA, is the leading tile and stone forensic expert and consultant in North America, and he is a National Tile Contractors Association Recognized Consultant. Donato is the founder of CTaSC.