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Economic, US News

1,000-Word Chart: Total Retail Sales in U.S. Monthly

Alex Carrick
1,000-Word Chart: Total Retail Sales in U.S. Monthly

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.

At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that cry out for compelling ‘shorthand’ visualizations.

Whichever path is followed, the point of the journey, almost always, is to reach a bottom line or two.

To provide additional value, ConstructConnect is now pleased to offer an ongoing series of 1,000-word charts.

These will help readers sort out the ‘big picture’ more clearly.

This 1,000-word chart looks at total retail sales in the U.S. as of January, 2021.

For more charts on U.S. Retail Sales, please visit the CanaData Forecaster Retail Sales web page.

Total Retail Sales in U.S. Monthly
January 2021 retail sales, leaving out gasoline stations, were +12.7% y/y and +5.2% m/m. Gas station sales have been held back by price weakness, but that's changing. The latest gasoline Consumer Price Index (CPI) result was +7.4% m/m.
The last data points are for January, 2021.
Adjusted for seasonality and trading day differences, but not for price changes (i.e., figures are in ‘current’ dollars).
Data source: Census Bureau.
Chart: ConstructConnect.

Alex Carrick is Chief Economist for ConstructConnect. He has delivered presentations throughout North America on the U.S., Canadian and world construction outlooks. Mr. Carrick has been with the company since 1985. Links to his numerous articles are featured on Twitter @ConstructConnx, which has 50,000 followers.

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