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Census Bureau: June Retail Sales Inch Forward

Tuesday July 15th, 2014 - 11:01AM

The United States Census Bureau has announced that advance estimates of U.S. June retail and food services sales— adjusted for seasonal variation and holiday and trading-day differences but not for price changes— were $439.9 billion, an increase of 0.2% from May, and 4.3% from June 2013. Total sales for the April through June 2014 period were up 4.5% from the period a year earlier.

At the same time it announced June sales, the Census Bureau revised the April to May 2014 sales gains up from 0.3% to 0.5%.

Retail trade sales gained 0.3% from May 2014, and 4.1% from June, 2013. Nonstore retailer sales advanced 8.1% from June 2013 and health and personal care store sales increased 7.9% from the month last year.

Sales at General Merchandise Stores, including warehouse, discount and drug stores, advanced to $56.04 billion from $55.41 billion in May and $54.2 billion in June of last year.

Furniture and Furnishings stores sales slipped slightly in June from July, down $7 million, to $8.42 billion on an adjusted basis but advanced from $8.21 billion in last year's month. Building Material & Garden Equipment & Supplies dealers suffered a decline from May to June, from $26.97 billion to $27.24 billion, although their sales advanced from $26.01 billion, from June 2013. Health & Personal Care stores, primarily drug stores, enjoyed a sales advance in June, from $24.75 billion in May to $24.96 billion and from $23.13 in June 2013.