Commerce reported that total August retail sales—at $537.5 billion—eked out a 0.6% increase over July and were up 2.6% annually. And it added that total retail sales, from June through August rose 2.4% compared to the same period in 2019. The NRF reported that August retail sales continued to recover from the pandemic, with its sales numbers, which exclude automobile dealers, gasoline stations, and restaurants, pointed to a 0.1% seasonally-adjusted gain, from July to August, and were up 5.6% on an unadjusted basis annually.
Source: logistics Mgmt
August retail sales see gains, reports Dept. of Commerce and NRF
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