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July retail sales see gains, notes Commerce and NRF

August 15, 2023


United States retail sales saw modest July gains, according to data respectively issued today by the U.S. Department of Commerce’s U.S. Census Bureau and the National Retail Federation (NRF).

Commerce reported that July retail sales, at $696.4 billion, were up 0.7%, from June to July, and up 3.2% annually. Total retail sales, from May through July, saw a 2.3% annual increase, it noted.

Retail trade sales increased 0.6%, from June to July, and were up 2.0% annually. Non-store retailers, which includes e-commerce, were up 10.3% annually, and food services and drinking places were up 11.9% annually.

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