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U.S.Economy: 
Retail Sales Increase 0.1% in June
Author: 123jump.com Staff
123jump.com
Last Update: 9:19 AM EDT July 15 2008


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The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for June, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $384.2 billion, an increase of 0.1% from the previous month and 3% above June 2007. The April to May 2008 percent change was revised from +1% to +0.8%.

 
The following is the unedited transcript of the news release from the U.S. Census Bureau of the Department of Commerce.



The U.S. Census Bureau announced today that advance estimates of U.S. retail and food services sales for June, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $384.2 billion, an increase of 0.1 percent (±0.5%)* from the previous month and 3.0 percent (±0.7%) above June 2007. Total sales for the April through June 2008 period were up 2.6 percent (±0.5%) from the same period a year ago. The April to May 2008 percent change was revised from +1.0 percent (±0.5%) to +0.8 percent (±0.2%).

Retail trade sales were up 0.1 percent (±0.5%) from May 2008 and were 3.0 percent (±0.7%) above last year. Gasoline station sales were up 24.5 percent (±2.1%) from June 2007 and sales of nonstore retailers were up 8.1 percent (±2.0%) from last year.


Available at:

http://www.census.gov/svsd/www/marts_current.html
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