Retail sales rose in June, the National Retail Federation reported citing United States Census Bureau numbers, a gain that represented both a monthly increase and the first year-over-year gain since the beginning of the year as more retailers closed by the coronavirus pandemic reopened.
Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic started reopening, the National Retail Federation noted in a review of United States Census Bureau figures, but they remained well below spending levels seen in the month a year ago.
Retail sales in March took a hit from the COVID-19 outbreak but, among the various channels that make up the sector, results were mixed.
The National Retail Federation has reported that retail sales, excluding automobile dealers, gasoline stations and restaurants, rose 0.5% in May seasonally adjusted from April and 3.2% unadjusted year-over-year.
Generation X has entered its prime earnings years, and Statista, referencing a poll conducted by YouGov on behalf of MarketingCharts, pointed out that TV ads and word-of-mouth are the most important purchase influencers for Gen Xers, beating any type of paid online advertising by a significant margin.
Overall sales slipped in June but retailers focused on home-oriented merchandise had relatively strong sales, according to the United States Census Bureau.
According to the United States Census Bureau, advance estimates of U.S. retail and food services sales for May 2017, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $473.81 billion, a decrease of 0.3% from April but up 3.8% from May 2016.
According to the United States Census Bureau, February retail trade sales gained 0.1% versus January and 5.9% versus February 2016.
December retail sales gained substantially from November and, particularly, year over year, according to the United States Department of Commerce, boosted by e-commerce but restrained by department and electronics store results.
The United States Census Bureau has announced that advance estimates of U.S. retail and food services sales for June, adjusted…