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In July, the US retail is 1.1%
Release date: [2021/8/23]  Read total of [478] times

According to the data released by the US Department of Commerce, the US retail is 1.1% in July, which has declined the second year in the past three months, and the market is expected to be super. The retail sales in July also increased by 16% year-on-year, and exceeding the epidemic level, but the growth rate has been significantly slowed down.

In July, the US clothing apparel store retail sales was $ 25.8 billion, down 2.6% from the previous year, an increase of 43.4% compared with the same period last year, but the increase of 15.3% compared with the epidemic, maintained strong Market sales.

The retail sales of home furniture stores was $ 11.9 billion, down 0.6% from the previous year, an increase of 15.6% compared with the same period last year, and the increase of monthly fell, but the growth rate of 18.7% compared with the same period in 2019.

The overall store (including supermarkets and department stores) has a retail sales of $ 68.5 billion, down 0.1% from the previous month, an increase of 10.9% year-on-year, and the growth has been slightly three consecutive months.

The department store retail sales 12.1 billion US dollars, down 0.3% from the previous month, a year-on-year increase of 24.3%, which is basically flat with the epidemic.

The online retail sales is $ 85.4 billion, down 3.1% from the previous month, a year-on-year increase of 5.9%, and the growth momentum gradually slowed down.

The Consumer Confidence Index of Michigan, announced on August 13, fell sharply, down from 81.2 of the previous value to 70.2, indicating that the consumption trend is transferring from retail products to the service industry. Especially after the end of the United States, the fiery home improvement and home consumption are also cooling. As high inflation continues, American consumers are more sensitive, future or reducing retail goods.