US seasonally adjusted retail and food services sales rose 0.3% in May from April, 4.3% year-over-year to US$437.6B; sales of nonstore retailers rose 7.4% year-over-year: Dept. of Commerce
Cindy Allen
WASHINGTON
,
June 12, 2014
(press release)
–
The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for May, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $437.6 billion, an increase of 0.3 percent (±0.5)* from the previous month, and 4.3 percent (±0.9) above May 2013. Total sales for the March 2014 through May 2014 period were up 4.3 percent (±0.7) from the same period a year ago. The March 2014 to April 2014 percent change was revised from +0.1 percent (±0.5)* to +0.5 percent (±0.2).
Retail trade sales were up 0.4 percent (±0.5)* from April 2014, and 4.3 percent (±0.9) above last year. Auto and other motor vehicle dealers were up 11.1 percent (±3.2) from May 2013 and nonstore retailers were up 7.4 percent (±2.3) from last year.
The advance estimates are based on a subsample of the Census Bureau’s full retail and food services sample. A stratified random sampling method is used to select approximately 4,900 retail and food services firms whose sales are then weighted and benchmarked to represent the complete universe of over three million retail and food services firms. Responding firms account for approximately 60% of the MARTS dollar volume estimate. For an explanation of the measures of sampling variability included in this report, please see the Reliability of Estimates
section on the last page of this publication.
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