Updated: 17-May-22 09:22 ET
| April Retail Sales |
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| Updated: 17-May-22 09:22 ET |
Highlights
- Total retail sales increased 0.9% month-over-month in April (Briefing.com consensus 1.1%) following an upwardly revised 1.4% increase (from 0.5%) in March.
- Excluding autos, retail sales rose 0.6% (Briefing.com consensus 0.3%) after increasing an upwardly revised 2.1% (from 1.1%) in March.
Key Factors
- Motor vehicle and parts dealers sales increased 2.2% month-over-month after declining 1.6% in March.
- Electronics and appliance store sales rose 1.0% month-over-month after increasing 2.7% in March.
- Building material and garden equipment and supplies dealers sales dipped 0.1% month-over-month after increasing 0.7% in March.
- Food and beverage store sales fell 0.2% after increasing 0.8% in March.
- Gasoline station sales declined 2.7% month-over-month after increasing 9.6% in March.
- General merchandise store sales rose 0.2% month-over-month after increasing 2.1% in March.
- Nonstore retailer sales increased 2.1% month-over-month after increasing 0.4% in March.
- Food services and drinking places jumped 2.0% month-over-month after increasing 1.9% in March.
Big Picture
- The key takeaway from the report, which is not adjusted for inflation, is that higher pricing helped in the sales growth, yet spending increased across most discretionary categories.
| Category | APR | MAR | FEB | JAN | DEC |
| Retail Sales | 0.9% | 1.4% | 1.7% | 2.7% | -1.6% |
| Excluding Autos | 0.6% | 2.1% | 1.7% | 1.6% | -1.4% |
| Durable goods | |||||
| Building Materials | -0.1% | 0.7% | 0.3% | 2.3% | 0.8% |
| Autos/parts | 2.2% | -1.6% | 1.4% | 7.3% | -2.3% |
| Furniture | 0.7% | -0.1% | 0.9% | 6.9% | -6.7% |
| Nondurable goods | |||||
| General Merchandise | 0.2% | 2.1% | -2.4% | 3.0% | -1.8% |
| Food | -0.2% | 0.8% | -0.1% | 0.5% | 0.5% |
| Gasoline stations | -2.7% | 9.6% | 6.3% | -1.8% | 1.3% |
| Clothing | 0.8% | 2.0% | 1.3% | 0.4% | -2.8% |
| e*retailing/non-store | 2.1% | 0.4% | 1.3% | 7.1% | -4.4% |
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