Retail Sales Rose 1% in July

Washington, DC, August 15, 2024-Advance estimates of U.S. retail and food services sales for July 2024 were $709.7 billion, an increase of 1.0% from the previous month and up 2.7% from July 2023, according to the U.S. Census Bureau.

Total sales for the May 2024 through July 2024 period were up 2.4% from the same period a year ago. The May 2024 to June 2024 percent change was revised from virtually unchanged to down 0.2%.

Retail trade sales were up 1.1% from June 2024, and up 2.6% from last year. Nonstore retailers were up 6.7% from last year, while food services and drinking places were up 3.4% from July 2023.