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- U.S retail sales rose more than expected in May
U.S retail sales rose more than expected in May
Advance estimates of U.S. retail and food services sales for May 2018, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $502.0 billion, an increase of 0.8 percent from the previous month, and 5.9 percent above May 2017. Total sales for the March 2018 through May 2018 period were up 5.2 percent from the same period a year ago. The March 2018 to April 2018 percent change was revised from up 0.2 percent to up 0.4 percent.
Retail trade sales were up 0.8 percent (±0.5 percent) from April 2018, and 6.0 percent (±0.5 percent) above last year. Gasoline Stations were up 17.7 percent (±1.6 percent) from May 2017, while Nonstore Retailers were up 9.1 percent (±1.4 percent) from last year.
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