Retail Gross sales Elevated 9.8% in March

by Calculated Threat on 4/15/2021 08:45:00 AM On a month-to-month foundation, retail gross sales elevated 9.8 p.c from February to March (seasonally adjusted), and gross sales have been up 27.7 p.c from March 2020. From the Census Bureau report: Advance estimates of U.S. retail and meals companies gross sales for March 2021, adjusted for seasonal


by Calculated Threat on 4/15/2021 08:45:00 AM

On a month-to-month foundation, retail gross sales elevated 9.8 p.c from February to March (seasonally adjusted), and gross sales have been up 27.7 p.c from March 2020.

From the Census Bureau report:

Advance estimates of U.S. retail and meals companies gross sales for March 2021, adjusted for seasonal variation
and vacation and trading-day variations, however not for worth modifications, have been $619.1 billion, a rise of 9.8
p.c from the earlier month
, and 27.7 p.c above March 2020.
emphasis added

Click on on graph for bigger picture.

This graph exhibits retail gross sales since 1992. That is month-to-month retail gross sales and meals service, seasonally adjusted (whole and ex-gasoline).

Retail gross sales ex-gasoline have been up 9.7% in March.

The stimulus checks boosted retail gross sales considerably in March.

The second graph exhibits the year-over-year change in retail gross sales and meals service (ex-gasoline) since 1993.

Year-over-year change in Retail Sales Retail and Meals service gross sales, ex-gasoline, elevated by 27.4% on a YoY foundation.

Gross sales in March have been barely above expectations, and gross sales in January and February have been revised up.



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