Retail Sales grow 4.6% in August

Intelligent Economics > Blog > Retail Sales grow 4.6% in August
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Total retail sales in August were $3.083 billion, a 4.6% growth in sales compared to August 2020. When compared to July 2021, sales fell by 6.9%. In July, sales began to slow down with a 1% decrease compared to June 2021. 

Compared to August 2020, the categories with the largest increases in sales were New & Used Vehicles with a $53.5 million (14.9%) increase, Restaurants and alcoholic beverage places with a $31.7 million (21%) increase, and supermarkets and alcoholic beverage stores with a $29.26 million (8%) increase.

Year to date retail sales in August reached $24.441 billion, an increase of 26.8% compared to the same period in 2020. Another useful comparison is with August 2019. This allows for understanding current levels of sales compared to pre-pandemic tendencies. Compared to the total accumulated from January to August in 2019, retail sales increased by 15% or $4.242 billion in 2021

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