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Retail Sales Surpass Estimates to Jump by 0.6% in June

July 16, 2021 by Forex Winner Leave a Comment

Retail Sales Surpass Estimates to Jump by 0.6% in June

Source: Census Bureau

US retail and food services sales rose by 0.6% in June to reach $621.3 billion, higher than expected 0.4% increase as spending shifted to the services sector.

SPY is up +0.25%, DXY is up +0.09%.

advance monthly Retail Sales
  • The retail sales were 18.0% higher than a similar month of last year.
  • Retail sales for April through June this year were 31.5% higher than a similar period last year
  • Retail trade sales gained by 0.3% from May, and were 15.6% higher than last year
  • Clothing and clothing accessories stores recorded a 47.1% surge in sales compared to last year, while food services and drinking places jumped by 40.2% over the same period. 

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