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Retail trade, July 2023
Retail sales increased 0.1% to $65.9 billion in June. Sales increased in three of nine subsectors and were led by increases at motor vehicle and parts dealers (+2.5%). Core retail sales—which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers—were down 0.9% in June. In volume terms, retail sales edged down 0.2% in June. Retail sales were unchanged in the second quarter, while in volume terms, retail sales declined 0.8% in the second quarter. Sales at motor vehicle and parts dealers (+2.5%) were up on the strength of higher sales at new car dealers (+2.9%) in June, their third ... (full story)
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- Posted: Sep 22, 2023 8:31am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 3,082
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